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MATTER OF ONYX RECORDS, INC.

Bankruptcy No. 83 B 11570.

42 B.R. 156 (1984)

In the Matter of ONYX RECORDS, INC., Debtor.

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

August 3, 1984.

Attorney(s) appearing for the Case

Pryor, Cashman, Sherman & Flynn, New York City, for petitioners, Fields & Blanchris.

Townsend, Rabinowitz, Pantaleoni & Valente, New York City, for debtor.

DECISION AND ORDER ON MOTION TO DISMISS

EDWARD J. RYAN, Bankruptcy Judge.

On October 27, 1983, Joe Fields and Blanchris, Inc. filed an involuntary petition pursuant to Chapter 7 of the Bankruptcy Code (Code) against Onyx Records Inc. (Onyx). 11 U.S.C. § 303(b).

Onyx was a domestic corporation formed on or about July 15, 1971 under the name of Avatar Productions, Inc. (Avatar). The name was changed to...

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