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IN RE MEDIA PROPERTIES, INC.

Bankruptcy No. 01-34476-7. Adversary No. 03-00128-7.

311 B.R. 244 (2004)

In re MEDIA PROPERTIES, INC., Puri Family Limited Partnership and Puri, LLC, Debtors. Wells Fargo Foothill, Inc., Plaintiff, v. Michael E. Kepler, as Chapter 7 trustee of Media Properties, Inc. and Puri LLC, and Melvyn L. Hoffman, as Chapter 7 trustee of Puri Family Limited Partnership, Defendants.

United States Bankruptcy Court, W.D. Wisconsin.

May 25, 2004.

Attorney(s) appearing for the Case

Gerald Munitz, Goldberg, Kohn, Chicago, IL, for Plaintiff.

Michael E. Kepler, Madison, WI, for Defendants.

MEMORANDUM DECISION

ROBERT D. MARTIN, Chief Judge.

On April 14, 2000, Media Properties, LLC ("Media") and TRP Communications, Inc. ("TRP") granted Wells Fargo Foothill, Inc. (f/k/a Foothill Capital Corporation) ("Foothill") a continuing security interest in all of their tangible and intangible personal property, including after-acquired personal property and fixtures. Foothill perfected its security interests. Included among TRP's property was a construction...

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