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IN RE MAXWELL NEWSPAPERS, INC.

Bankruptcy No. 91 B 15531.

151 B.R. 63 (1993)

In re MAXWELL NEWSPAPERS, INC., d/b/a Daily News, Debtor.

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

February 23, 1993.

Attorney(s) appearing for the Case

Jones, Day, Reavis & Pogue by Marc S. Kirschner and Fredrick E. Sherman, New York City, for Maxwell Newspapers, Inc. d/b/a Daily News.

Winston & Strawn by Howard Seife, New York City, for the Official Committee of Unsecured Creditors.

Stroock & Stroock & Lavan by Brian M. Cogan and Mark S. Cheffo, New York City, for Mirror Group Newspapers, PLC, MGN Ltd. and RTI Holdings, Inc.

DECISION ON DEBTOR'S MOTION FOR SUMMARY JUDGMENT EXPUNGING CLAIMS OF MIRROR GROUP NEWSPAPERS, PLC, MGN LIMITED AND RTI HOLDINGS, INC.

TINA L. BROZMAN, Bankruptcy Judge.

At a time when the Daily News' extinction was but days away, in early 1991, there appeared Robert Maxwell, the seeming savior who was paid over $60,000,000 to take the newspaper off the hands of its former owner. It was through this debtor, Maxwell Newspapers, Inc. (which did business as and...

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