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MATTER OF GILBERT BROADCASTING CORP.

Bankruptcy No. 83-05052.

54 B.R. 2 (1984)

In the Matter of GILBERT BROADCASTING CORPORATION, a corporation of the State of Delaware, authorized to do business in New Jersey, Debtor.

United States Bankruptcy Court, D. New Jersey.

March 30, 1984.

Attorney(s) appearing for the Case

Steven Jurista, Lehman & Wasserman, Millburn, N.J., for debtor.

Joseph Schoenholz, Millburn, N.J., for Joseph Soriano.

OPINION

D. JOSEPH DeVITO, Bankruptcy Judge.

Joseph Soriano, a judgment creditor of the above debtor, moves to dismiss the Chapter 11 petition filed by Gilbert Broadcasting Corporation (Gilbert), contending that (a) the petition was not filed in good faith, and (b) the "debtor corporation is without any business that can be the subject of reorganization or rehabilitation, and without any good will that is preservable."

The debtor corporation was formed...

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