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IN RE MARINER COMMUNICATIONS, INC.

Bankruptcy No. 86-10569-HL.

76 B.R. 242 (1987)

In re MARINER COMMUNICATIONS, INC. d/b/a WMRE Radio, Debtor.

United States Bankruptcy Court, D. Massachusetts.

April 16, 1987.

Attorney(s) appearing for the Case

Jeffrey Baker, Gargill, Sassoon & Rudolph, Boston, Mass., for trustee.

Richard M. Passalacqua, Jonathan M. Feigenbaum, Pearlstein & Passalacqua, Boston, Mass., for Lockwood.

Whitton G. Norris, Linda Young, Peabody & Brown, Boston, Mass., for Creditors' Committee.

Richard G. McKenzie, Kahn & McKenzie, Boston, Mass., for Reservoir.

MEMORANDUM ON STATUS OF LEASE/SECURITY AGREEMENT

HAROLD LAVIEN, Bankruptcy Judge.

The matter before the Court was prompted by a Motion to Compel Debtor to Accept or Reject an Executory Contract filed by Reservoir Leasing Corporation regarding the telephone system allegedly leased to the debtor. The trustee, in response to the motion, denied the validity of a lease, claiming that the equipment was properly vested in the debtor, and that any claim of Reservoir...

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