Hous. SportsNet Fin., L.L.C. v. Hous. Astros, L.L.C. (In re Hous. Reg'l Sports Network, L.P.)
Court of Appeals for the Fifth Circuit
1Opinion of the Court
PRISCILLA R. OWEN, Circuit Judge:
Comcast1 loaned Houston Regional Sports Network, L.P. (the Network) $100 million, secured by a lien on substantially all of the Network's tangible and intangible assets. Included in the assets was an Affiliation Agreement (the Agreement) pursuant to which a Comcast subsidiary agreed to pay the Network to carry the Network's content on its cable systems. The Network involuntarily entered bankruptcy, and before a plan of reorganization was confirmed, Comcast elected to treat its entire claim as secured. The bankruptcy court then conducted a valuation of the…
2Cases cited16 opinions
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- In Re Landing Associates, Ltd.United States Bankruptcy Court, W.D. Texas · 1990
- In The Matter Of Clark Pipe And Supply Co., Inc.Court of Appeals for the Fifth Circuit · 1990
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