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IN RE RECORD CO., INC.

Bankruptcy No. IP80-182RA, Adv. Proceeding No. 80-818.

8 B.R. 57 (1980)

In re The RECORD COMPANY, INC., Debtor. The RECORD COMPANY, INC., Plaintiff/Respondent, v. BUMMBUSINESS, INC. and David F. Myers, Individually and as President of Bummbusiness, Inc., Defendants/Petitioners.

United States Bankruptcy Court, S.D. Indiana, Indianapolis Division.

As Amended January 9, 1981.

Attorney(s) appearing for the Case

John J. Petr, Kroger, Gardis, & Regas, Indianapolis, Ind., for plaintiff/respondent.

R. Larry Helmer, Helmer & Nelson, Indianapolis, Ind. and Carmel, Ind., for defendants/petitioners.

ENTRY ON DEFENDANTS' PETITION FOR TIME LIMITATION TO ASSUME OR REJECT EXECUTORY CONTRACT

ROBERT L. BAYT, Bankruptcy Judge.

Defendants (hereinafter "Bummbusiness" and "Myers", respectively) have filed a petition seeking a limitation of time within which plaintiff (hereinafter "The Record Company") must assume or reject an executory contract. That contract, for the sale of a retail record business, is the transaction out of which the substantive claims and counterclaims...

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