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IN RE SATELCO, INC.

Bankruptcy No. 385-31780-A-11, Adv. Nos. 385-8113, 385-8102 through 385-8112 and 385-8114 through 385-8116.

58 B.R. 781 (1986)

In re SATELCO, INCORPORATED, Debtor. SATELCO, INCORPORATED v. NORTH AMERICAN PUBLISHERS, INC., Abic Epstein Realty Associates, Commercial Telephone Co., Cornerstone Investments, Inc., Fred Epperson Insurance Agency, Litecomm Supply Company, Loren H. Drum Company, Management Recruiters, Maria Theresa Moran, Metro Media Corporation, Micro Craft Corporation, Moreman Tire Company, Quorum Petroleum International, Inc., Unilock Furniture Systems, Inc., United Aerospace.

United States Bankruptcy Court, N.D. Texas, Dallas Division.

March 13, 1986.

Attorney(s) appearing for the Case

Jay Vogelson, Moore & Peterson, Dallas, Tex., for debtor, Satelco, Inc.

No other counsel — default.

MEMORANDUM OPINION

HAROLD C. ABRAMSON, Bankruptcy Judge.

On 15 July 1985 Satelco, Incorporated (hereinafter "Debtor") filed its petition for relief under Chapter 11 of the Bankruptcy Code, 11 U.S.C. § 1101, et seq. Debtor was, and is, engaged in the business of supplying long distance telephone service to residential and commercial customers, most of whom are located within the State of Texas. On or about 31 December 1985 Debtor filed a series of fifteen...

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