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Seacor Marine, LLC v. GOL, LLC — 5th Cir. (Sep 2, 2026)

No. 26-30021 Argued September 2, 2026 Published September 3, 2026; updated September 7, 2026

The Fifth Circuit considers a thirteen-million-dollar payment during Cox Operating's bankruptcy. GOL arranged for Cox to charter Seacor Marine's vessels. Seacor says part of the payment covered its pre-bankruptcy invoices; GOL says the payment bought continued services that Seacor did not provide. The district court entered summary judgment for GOL. Arthur R. Kraatz of Phelps Dunbar will represent Seacor. He will argue that GOL owed Seacor fiduciary duties and failed to apply the payment to its invoices.

Seacor Marine, LLC v. GOL, LLC (No. 26-30021) — U.S. Court of Appeals for the Fifth Circuit, argued September 2, 2026.

Sources
Argument audio — U.S. Court of Appeals for the Fifth Circuit (public domain, 17 U.S.C. § 105):https://www.ca5.uscourts.gov/OralArgRecordings/26/26-30021_9-2-2026.mp3
Argument record — U.S. Court of Appeals for the Fifth Circuit:https://www.ca5.uscourts.gov/oral-argument-recordings/results?docket=26-30021
Argument calendar — U.S. Court of Appeals for the Fifth Circuit:https://www.ca5.uscourts.gov/court-calendars/sitting?d=2026-09-02
Opinion search — U.S. Court of Appeals for the Fifth Circuit:https://www.ca5.uscourts.gov/opinions/results?docket=26-30021&group=flat
Summary-judgment order — U.S. District Court for the Eastern District of Louisiana:https://www.govinfo.gov/content/pkg/USCOURTS-laed-2_24-cv-02409/pdf/USCOURTS-laed-2_24-cv-02409-0.pdf
Rule 59 order — U.S. District Court for the Eastern District of Louisiana:https://www.govinfo.gov/content/pkg/USCOURTS-laed-2_24-cv-02409/pdf/USCOURTS-laed-2_24-cv-02409-1.pdf
Federal Rules of Civil Procedure — U.S. Courts:https://www.uscourts.gov/sites/default/files/document/federal-rules-of-civil-procedure.pdf
Fiduciary duty — Cornell Legal Information Institute:https://www.law.cornell.edu/wex/fiduciary_duty
Fiduciary-duty precedent — U.S. Court of Appeals for the Fifth Circuit:https://www.ca5.uscourts.gov/opinions/pub/18/18-20379-CV0.pdf
Arthur R. Kraatz — Phelps Dunbar LLP:https://www.phelps.com/professionals/arthur-r-kraatz.html
Arthur R. Kraatz firm confirmation — Louisiana State Bar Association:https://www.lsba.org/documents/publications/BarJournal/Journal-June-July-2024.pdf

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