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IN RE CREED TAYLOR, INC.

Bankruptcy No. 78 B 2172.

10 B.R. 265 (1981)

In re CREED TAYLOR, INC., Debtor-in-Possession. SEAWIND, a California Partnership, Plaintiff, v. CREED TAYLOR, INC. and CBS Records, a division of CBS, Inc., Defendants.

United States Bankruptcy Court, S.D. New York.

April 10, 1981.

Attorney(s) appearing for the Case

Ballon, Stoll & Itzler, New York City, for debtor.

Marshall, Bratter, Greene, Allison & Tucker, New York City, for Seawind.

MEMORANDUM & ORDER

JOHN J. GALGAY, Bankruptcy Judge.

This post confirmation adversary proceeding by Seawind, a musical recording group, against Creed Taylor, Inc. (CTI) asks this court to determine whether a default on a prepetition licensing agreement, which occurred during the Chapter XI proceeding, terminated any claim which the debtor-in-possession may have had to the property at issue. After reviewing the...

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