IN RE COASTAL BROADCASTING SYSTEMS, INC.

Case No. 11-10596 (GMB).

IN RE: COASTAL BROADCASTING SYSTEMS, INC., Chapter 11, Debtor.

United States Bankruptcy Court, D. New Jersey.

July 6, 2012.


Attorney(s) appearing for the Case

Ira R. Deiches, Esquire , Deiches & Ferschmann, Haddonfield, NJ 08033, Counsel for the Debtor.

Nona L. Ostrove, Esquire , Law Offices of Nona L. Ostrove, LLC, Voorhees, NJ 08043, Counsel for Edwin Rosenfeld and Wilbur E. Huf, Jr.

Joseph A. McCormick, Jr., Esquire , Paul Pflumm, Esquire , Law Offices of Joseph A. McCormick, Jr., PA, Haddonfield, NJ 08033, Counsel for Robert Maschio, Scott Wahl and Charles Pessagno.

Dean Waldt, Esquire , Mariah Murphy, Esquire , BALLARD SPAHR, LLP, Cherry Hill, NJ 08002, Counsel for Sturdy Savings Bank.

Jeffrey M. Sponder, Esquire , Office of the United States Trustee, One Newark Center, Newark, NJ 07102.


NOT FOR PUBLICATION

MEMORANDUM OPINION

GLORIA M. BURNS, Bankruptcy Judge.

This matter comes before the Court upon consideration of Confirmation of Debtor's Plan of Reorganization. Opposition has been filed by Wilbur E. Huf and Edwin Rosenfeld, as well as the United States Trustee's Office. Confirmation is supported by Sturdy Savings Bank and the Debtor's principals/shareholders. A hearing was held on March 28, 2012. Two witnesses testified and...

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