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MATTER OF SOUND RADIO, INC.

Civ. A. No. 89-1726.

103 B.R. 521 (1989)

In the Matter of SOUND RADIO, INC., t/a WNJR Radio 1430, a corporation of New Jersey.

United States District Court, D. New Jersey.

August 2, 1989.

Attorney(s) appearing for the Case

Kleinberg, Moroney, Masterson & Schachter, Millburn, N.J., for Sound Radio, Inc.

Kalb, Friedman, Siegelbaum and Moran, Roseland, N.J., for Plan Proponent Daniel Robinson.

Kirsten, Simon, Friedman, Allen, Cherin & Linken, Newark, N.J., for Rollins Comm. Inc.

Ravin, Sarasohn, Cook, Baumgarten, Fisch & Baime, Roseland, N.J., for Sarco Comm., Inc. and Danny Stiles.

Markowitz and Zindler, Lawrenceville, N.J., for Lebow Comm.

Lehman, Wasserman & Jurista, Millburn, N.J., for Official Unsecured Creditors Committee.

Heher, Clark & St. Landau, E. Princeton, N.J., for Shareholder Class.

OPINION

LIFLAND, District Judge.

Presently before the court is an appeal by Daniel Robinson from an order of the United States Bankruptcy Court confirming appellees' reorganization plan (herein "Sarco plan"). 93 B.R. 849. Having heard oral argument and having reviewed the entire record, this court affirms in part and remands in part for additional findings of fact.

FACTUAL BACKGROUND

On January 5, 1989, the...

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