Legal Opinion
In Re Record Club of America, Inc.
United States Bankruptcy Court, M.D. Pennsylvania
Decided February 18, 1982No. Bankruptcy 74-553PublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
RE: OBJECTION TO CLAIM OF POLYDOR INCORPORATED
(Claim #89)
THOMAS WOOD, Bankruptcy Judge.
Record Club of America, Inc. (RCOA), a bankrupt under Chapter XI of the Bankruptcy Act has objected to a proof of claim in the amount of $300,064.40 filed by Poly-dor Incorporated (Polydor), a creditor of RCOA. A royalty contract between RCOA (licensee) and Polydor (licensor) is the basis of the claim. RCOA objects to Polydor’s claim on the grounds that: 1) the claim is not self-sustaining; 2) all royalty and license fees due have been paid; and 3) the claim is a charge for royalties on…
2Cases cited2 opinions
- Whitney v. DresserSupreme Court of the United States · 1906
- In Re FriedmanDistrict Court, D. Maryland · 1977
3Cited by5 opinions
- Matter of LampertUnited States Bankruptcy Court, W.D. Wisconsin · 1986
- Matter of SpohnUnited States Bankruptcy Court, W.D. Wisconsin · 1986
- In Re South Atlantic Packers Ass'n, Inc.United States Bankruptcy Court, D. South Carolina · 1983
- Matter of Dahlman Truck Lines, Inc.United States Bankruptcy Court, W.D. Wisconsin · 1986
- In re Townsend Farms, Inc.District Court, E.D. South Carolina · 1984