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IN RE HISPANIC AMERICAN TELEVISION CO., INC.

Bankruptcy Nos. 89 B 15544, 89 B 15545.

113 B.R. 453 (1990)

In re HISPANIC AMERICAN TELEVISION CO., INC., and Times Square Studios, Inc., Debtors.

United States Bankruptcy Court, N.D. Illinois, E.D.

April 10, 1990.

Attorney(s) appearing for the Case

David N. Missner of Rudnick & Wolfe, Chicago, Ill., for debtor.

Neal Wolfe and Charles P. Schulman of Winston & Strawn, Chicago, Ill., for Motorweek.

Arthur Steinberg of Kaye, Scholer, Fierman, Hays & Handler, New York City, for General Health Finance Corp.

MEMORANDUM OPINION

JOHN D. SCHWARTZ, Chief Judge.

The issue before the court is whether an agreement, designated "Equipment Lease" ("Lease"), between Hispanic American Television Co. [Companies], Inc. ("HATCO"), the Debtor, and Motorweek Productions ("MW"), a partnership between Ken Squier Productions, Inc. and the Lirol Corporation, setting forth the terms and conditions for the possession and use of certain television production equipment ("Equipment"...

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