Legal Opinion
In Re Beach Television Partners, D/B/A Wayk Channel 56 and D/B/A Wayq Channel 26, Debtors. Orix Credit Alliance, Inc. v. George E. Mills, Jr., Trustee
Court of Appeals for the Eleventh Circuit
Decided November 17, 1994No. 94-2119PublishedCited by 10 opinions
1Opinion of the Court
HATCHETT, Circuit Judge:
In this appeal, we hold that a creditor may hold a valid security interest in the proceeds from the sale of a Federal Communications Commission (FCC) broadcasting license. We reverse.
FACTS
Beach Television Partners (BTP) was a Florida general partnership that owned and operated two independent television stations. Orix Credit Alliance, Inc. (Orix) financed virtually all of BTP’s broadcasting equipment, and to secure repayment, BTP granted Orix a security interest in all of its personal property including two FCC broadcasting licenses. On August 8,1990, BTP filed a…
2Cases cited8 opinions
- Red Lion Broadcasting Co. v. Federal Communications CommissionSupreme Court of the United States · 1969
- Federal Communications Commission v. Sanders Bros. Radio StationSupreme Court of the United States · 1940
- STEPHENS INDUSTRIES, INC., Plaintiff-Appellant, v. James R. McCLUNG, Trustee in Bankruptcy, Etc., Defendant-AppelleeCourt of Appeals for the Sixth Circuit · 1986
- In Re Ridgely Communications, Inc.United States Bankruptcy Court, D. Maryland · 1992
- In re Tak Communications, Inc.Court of Appeals for the Seventh Circuit · 1993
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3Cited by10 opinions
- Airadigm Communications, Inc. v. Federal Communications CommissionCourt of Appeals for the Seventh Circuit · 2008
- Ohio Cellular Rsa Ltd. Partnership v. Board of Public WorksWest Virginia Supreme Court · 1996
- Urban Communicators PCS Limited Partnership v. Gabriel Capital, LPDistrict Court, S.D. New York · 2008
- MLQ Investors L.P. v. Pacific Quadracasting, Inc.Court of Appeals for the Ninth Circuit · 1998
- Tracy Broadcasting Corporation v. Spectrum Scan, LLCCourt of Appeals for the Tenth Circuit · 2012
5 more not listed; retrieve them via the Exa API.