In Re Reading Broadcasting, Inc.
United States Bankruptcy Court, E.D. Pennsylvania
1Opinion of the Court
MEMORANDUM
BRUCE FOX, Bankruptcy Judge.
On January 17, 2008, an order was entered confirming the chapter 11 trustee’s proposed second amended plan of liquidation and denying confirmation of the second amended plan of reorganization filed by the Philadelphia Television Network (“PTN”). The centerpiece of the trustee’s confirmed plan was the conditional sale of the debtor’s television station assets, including assignment of its FCC license, to WRNN-TV Associates Limited Partnership for $13.5 million, based upon an Asset Purchase Agreement, with the sale free and clear of liens and encumbrances…
2Cases cited45 opinions
- Browder v. Director, Dept. of Corrections of Ill.Supreme Court of the United States · 1978
- Harsco Corp. v. Lucjan ZlotnickiCourt of Appeals for the Third Circuit · 1986
- Osterneck v. Ernst & WhinneySupreme Court of the United States · 1989
- North River Insurance Company v. Cigna Reinsurance CompanyCourt of Appeals for the Third Circuit · 1995
- In Re: Seymour Markowitz, Debtor. Seymour Markowitz v. Carolyn CampbellCourt of Appeals for the Sixth Circuit · 1999
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