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MATTER OF CIRCUS TIME, INC.

Bankruptcy No. 279-00687, Adv. No. 279-0002.

5 B.R. 1 (1979)

In the Matter of CIRCUS TIME, INC., Debtor. CIRCUS TIME, INC., Plaintiff, v. OXFORD BANK AND TRUST, U.S. Small Business Administration, Grumman Credit Corporation, Kennebunk Leasing Corporation, the Ocean National Bank, Atlantic Federal Savings & Loan Association, Oneida Packaging Products, Inc., Equico Lessors, Inc., Olivetti Leasing Corporation, Internal Revenue Service, City of South Portland, State of Maine, U.S. Trustee, Krisway Truck Leasing, Defendants.

United States Bankruptcy Court, D. Maine.

December 24, 1979.

Attorney(s) appearing for the Case

Gregory A. Tselikis, and Charles Miller, Portland, Me., for creditors' committee.

Richard E. Poulos, and Robert C. Robinson, Portland, Me., for debtor.

MEMORANDUM OF DECISION

FREDERICK A. JOHNSON, Bankruptcy Judge.

This proceeding was commenced by the complaint of the Debtor-in-Possession, Circus Time, Inc. for authority to sell all of its tangible and intangible assets free and clear of any interest in such property pursuant to 11 U.S.C. § 363(f).

The Debtor's complaint was filed on December 4, 1979 together with a motion to shorten the time in which to answer to December 12, 1979. Said motion...

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