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 Polydor Incorporated (Polydor), a creditor of RCOA. A royalty contract between RCOA (licensee) and Polydor (licensor) is...
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