Case 16-28578 Doc 222 Filed 11/15/19 Entered 11/15/19 14:52:38 Desc Main Document Page 1 of 116 Michael F. Thomson (#9707) Peggy Hunt (#6060) Megan K. Baker (# 15086) DORSEY & WHITNEY LLP 111 South Main Street, 21st Floor Salt Lake City, UT 84111-2176 Telephone: (801) 933-7360 Facsimile: (801) 933-7373 Email:
[email protected] [email protected] [email protected] Attorneys for Mark Hashimoto, Chapter 11 Trustee IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF UTAH In re: Bankr. Case No. 16-28578 RP BROADCASTING IDAHO, LLC, Chapter 11 Debtor. The Honorable William T. Thurman MOTION FOR APPROVAL OF SALE TRANSACTION AND FOR AUTHORITY TO ENTER INTO ASSET PURCHASE AGREEMENT AND ANCILLARY AGREEMENT Pursuant to section 363 of title 11 of the United States Code, 11 U.S.C. §§ 101 et seq. (the “Bankruptcy Code”), Rules 2002, 6004 and 9014 of the Federal Rules of Bankruptcy Procedure (the “Bankruptcy Rules”), and the Local Rules of this Court, Mark Hashimoto, trustee of the above-captioned Chapter 11 bankruptcy estate (the “Trustee”), by and through his counsel, hereby moves this Court for entry of an Order approving the sale transaction (the “Transaction”) between RP Broadcasting Idaho, LLC, a Utah limited liability company (the “Debtor”), as seller, and Jackson Hole Radio, LLC, a Wyoming limited liability company (“Buyer”), as purchaser, in accordance with and pursuant to the Asset Purchase Agreement (the “APA”) attached hereto as 4817-9650-1928\3 Case 16-28578 Doc 222 Filed 11/15/19 Entered 11/15/19 14:52:38 Desc Main Document Page 2 of 116 Exhibit A and the ancillary Local Programming and Marketing Agreement, as amended by the First Amendment to Local Programming and Marketing Agreement, attached hereto as Exhibit B (the “LPMA”), free and clear of all interests, with valid interests in such property attaching to the net sale proceeds.