IN RE INTERN. PICTURE SHOW, INC.

Bankruptcy No. 81 B 12492.

28 B.R. 313 (1983)

In re The INTERNATIONAL PICTURE SHOW, INC., Debtor.

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

March 17, 1983.


Attorney(s) appearing for the Case

Hershcopf & Stevenson, New York City, for debtor.

Arutt, Nachamie, Benjamin, Lipkin & Kirschner, New York City, for Filmway Associates and Billion Dollar Ltd.


DECISION ON DEBTOR'S ORDER TO SHOW CAUSE TO VACATE DEFAULT JUDGMENT

EDWARD J. RYAN, Bankruptcy Judge.

On December 22, 1981, International Picture Show, Inc. (debtor) filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code, 11 U.S.C. § 1101 et seq. Pursuant to § 1108 of the Code, the debtor remained in business as a debtor in possession.

On July 20, 1982, Filmways Associates (Filmways) commenced...

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