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IN RE SPECTRUM ARENA, INC.

No. 30437.

340 F.Supp. 786 (1971)

In the Matter of SPECTRUM ARENA, INC., Debtor.

United States District Court, E. D. Pennsylvania.

December 23, 1971.

Attorney(s) appearing for the Case

Sidney Chait, Philadelphia, Pa., for Trustees.

Thomas R. White, Jr., LeRoy E. Perper, Philadelphia, Pa., for ARA Services.

I. Grant Irey, Jr., Philadelphia, Pa., for Fidelity Bank.

Gilbert W. Oswald, Philadelphia, Pa., for Foreman-Snider.

Philip P. Kalodner, Philadelphia, Pa., for Debtor.

IN PROCEEDINGS FOR REORGANIZATION OF A CORPORATION UNDER CHAPTER X THE BANKRUPTCY ACT

OPINION

Re: Petition for an Accounting of ARA Services, Inc.

HIGGINBOTHAM, District Judge.

I.

On May 1, 1968, the Spectrum Arena, Inc. (hereinafter referred to as the "Spectrum" or "Debtor") was involuntarily placed into reorganization under Chapter X of the Bankruptcy Act of 1898 (11 U.S.C. § 501 et seq.). As has been more fully documented...

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