EMT Bankruptcy Trustee May Find Buyers, Seeks Hold on FCC ALJ Case Discovery
A court-appointed bankruptcy trustee for Entertainment Media Trust wants to participate in the FCC proceeding (see 1910100057) on EMT. Donald Samson's petition posted Wednesday in Media Bureau docket 19-156 said he's "now the party which controls the licensee" and its…
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FCC licenses "and is charged with the orderly collection and liquidation of the assets" in the Chapter 7 case. Samson "identified two bona fide interested buyers of the assets of EMT and will be selecting a successful bidder," and within about two months seeking court OK and filing a MB application to transfer the licenses, said the petition. During that time, he asked "that proposed issues in this case in addition to those already designated for [FCC] hearing should include the abeyance of discovery."