FLEET NAT. BANK v. H & D ENTERTAINMENT, INC.

Civ. A. No. 94-12385-NG.

926 F.Supp. 226 (1996)

FLEET NATIONAL BANK, Plaintiff and Counterclaim Defendant, v. H & D ENTERTAINMENT, INC. (f/k/a Dover Broadcasting, Inc.) and H & D Management, Inc., as general partner of each of H & D Broadcasting Limited Partnership, H & D Media Limited Partnership, H & D Radio Limited Partnership, and H & D Wireless Limited Partnership, Defendants and Counterclaim Plaintiffs, PNC Bank, Ohio, N.A., Charles E. Giddens, individually, as Receiver and as general partner of Media Venture Partners, Additional Counterclaim Defendants.

United States District Court, D. Massachusetts.

April 9, 1996.


Attorney(s) appearing for the Case

Paul E. Morton, Law Offices of Paul E. Morton, Boston, MA, Martin F. Gaynor, Hanify & King, P.C., Boston, MA, for Charles E. Giddens.

Charles L. Glerum, Sara A. Walker, Choate, Hall & Stewart, Boston, MA, for Fleet National Bank.

Stephen F. Gordon, Gordon & Wise, Boston, MA, Stanley W. Wheatley, Gordon & Wise, Boston, MA, for H & D Management Inc.

Seth Grossman, Somers Point, NJ, pro se.


MEMORANDUM AND DECISION

GERTNER, District Judge:

I. INTRODUCTION

This court has been asked to approve the sale of the assets of a receivership.1 The estate is comprised chiefly of four radio stations, which, prior to court appointment of a receiver, were owned and operated by the defendants and counter-claim plaintiffs.

The proposed sale...

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