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IN RE FOUR SCORE BROADCASTING, INC.

Bankruptcy Nos. 83-20522, 85-2110A.

77 B.R. 404 (1987)

In re FOUR SCORE BROADCASTING, INC., Debtor. Douglas J. LUSTIG, as Trustee for Four Score Broadcasting, Inc., Plaintiff, v. SWEDEN BROADCASTING CO., INC. David P. Mance, Thomas Powers, John Scura, Defendants.

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

September 9, 1987.

Attorney(s) appearing for the Case

David D. MacKnight, Rochester, N.Y., for plaintiff.

John R. Scura, Dansville, N.Y., for Sweden Broadcasting and David P. Mance.

C. Bruce Lawrence, Rochester, N.Y., for Thomas P. Powers.

MEMORANDUM AND DECISION

EDWARD D. HAYES, Bankruptcy Judge.

This is an adversary proceeding to recover the fair value of a radio broadcast license. The license was valued by the parties at Thirty-Two Thousand Five Hundred Dollars ($32,500).

Four Score Broadcasting, Inc. ("the Debtor") operated a radio station out of Brockport, New York. On May 17, 1983, the Debtor filed for reorganization under Chapter 11 of the Bankruptcy Code. 11 U.S.C. § 1101...

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