IN RE ALLIED ARTISTS INDUSTRIES, INC.

Bankruptcy Nos. 79 B 587, 79 B 588 and 79 B 607.

28 B.R. 196 (1983)

In re ALLIED ARTISTS INDUSTRIES, INC., Debtor. In re ALLIED ARTISTS PICTURES CORPORATION, Debtor. In re ALLIED ARTISTS TELEVISION CORPORATION, Debtor.

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

March 3, 1983.


Attorney(s) appearing for the Case

Pryor, Cashman, Sherman & Flynn, New York City, for Somerville, et al.

Nixon, Hargrave, Devans & Doyle, New York City, for Filmtransac A.G.

Phillips, Nizer, Benjamin, Krim & Ballon, New York City, for Allied Artists Pictures Creditors Committee.


MEMORANDUM & ORDER

JOHN J. GALGAY, Bankruptcy Judge.

Filmtransac, A.G. ("Filmtransac"), an outside producer of films, seeks payment of monies due upon the alleged assumption and assignment of its motion picture distribution agreement by Allied Artists Pictures Corp. ("Pictures"). Pictures, Allied Artists Industries, Inc. ("Industries"), and Allied Artists Television Corp., ("Television"), are debtors in the Chapter...

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