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IN RE LIEBMAN

Bankruptcy No. 97 B 05229.

208 B.R. 38 (1997)

In re Warren S. LIEBMAN, Debtor.

United States Bankruptcy Court, N.D. Illinois, Eastern Division.

May 8, 1997.

Attorney(s) appearing for the Case

Frances Gecker, Jenner & Block, Chicago, IL, for Trustee.

Sheldon T. Zenner, Katten, Muchin & Zavis, Chicago, IL, for Chicago Bulls.

Daniel A. Zazove, Barbakoff, Zazove, & Glick, Chicago, IL, for Debtor.

Michael B. Solow, Hopkins & Sutter, Chicago, IL, Other Creditor's Attorney.

MEMORANDUM OPINION

RONALD BARLIANT, Bankruptcy Judge.

The Debtor has something greatly prized in the Chicagoland area: Seasons tickets to the Chicago Bulls basketball games. The question presented by the trustee's motion to sell "renewal rights" for those tickets is whether the holder of a season ticket has a property interest in the right to renew. The Chicago Bulls contend that he does not have any interest. He has, they argue, only an expectation...

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