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IN RE HBA EAST, INC.

Bankruptcy No. 187-70557-353.

87 B.R. 248 (1988)

In re HBA EAST, INC., Round One Productions, Inc., Jeffrey D. Levine, Debtors.

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

June 3, 1988.

Attorney(s) appearing for the Case

Arthur Steinberg, John P. Sirico, Kaye, Scholer, Fierman, Hays & Handler, Norman Klasfeld, Beal, Klasfeld, Lentz & Romash, New York City, for debtors.

Brian M. Cogan, Elaine Nussbaum, Stroock & Stroock & Lavan, New York City, H. Dixon Montague, Vinson & Elkins, Houston, Tex., for movants.

JEROME FELLER, Bankruptcy Judge.

We are confronted with another instance, recently occurring with increasing frequency in the bankruptcy courts, in which the right to seek relief under Chapter 11 of the Bankruptcy Code is challenged on the grounds that the reorganization petition was not filed in good faith. Specifically, before the Court for determination is a motion filed on July 6, 1987 by JEA Boxing Company, Inc. ("JEA") and Pine Hill Investments, Inc. d/b/a Houston...

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