With Appeals Court Affirming Receivership, Stolz BK Plan Now Questioned | Radio & Television Business Report
Ed Stolz seeks to emerge from Chapter 11 reorganization in a Nevada U.S. bankruptcy court — the judicial body that ordered Larry Patrick to return a trio of FMs to Stolz so this court could fully assuage his assets. With a Federal Appeals Court affirming a California District Court ruling that Patrick's receivership was valid, Patrick and his attorneys are shifting their battle to the Silver State. There, they've assailed Stolz's submitted plan to get out of bankruptcy.
Source: rbr.com
