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Stolz to be jailed...

TheBigA said:
I wonder if this now disqualifies him to own a radio station.
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I doubt it. Contempt is not a criminal violation. Some states might have a criminal contempt charge that they can levy if someone defies a judge too long, but most don’t. Jail is intended to be a last resort in contempt cases, and it’s not considered a punitive action because the defendant holds the keys to his own liberty.
 
This looks like a catch 22 situation.
The Federal Court has ruled that he must turn the stations over to the court appointed receiver.
The FCC rules require that the FCC first approve the transfer to a new owner/operator.
I have not read that this has occurred.

This seems to be a great example of conflicting federal regulations. Nobody wins.
 
TheBigA said:
I wonder if this now disqualifies him to own a radio station.

Someone's laughing in Philadelphia.
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Entercom over their Sacramento Cluster :D For years Entercom has been sued by Stoltz over their Sacramento Cluster even before the CBS Radio Deal.

Initially it was because of KDND-FM 107.9 Sacramento until Entercom Divested 107.9 FM and returned the license to the FCC and also Entercom had to divest parts of the Sacramento and San Francisco Clusters to other parties such as Bonneville in able for the CBS Radio deal to be approved.
 
frankberry said:
This looks like a catch 22 situation.
The Federal Court has ruled that he must turn the stations over to the court appointed receiver.
The FCC rules require that the FCC first approve the transfer to a new owner/operator.
I have not read that this has occurred.

This seems to be a great example of conflicting federal regulations. Nobody wins.
Click to expand...

The FCC did approve the assignment to W. LAWRENCE PATRICK, RECEIVER on 07/24/2020 and the consummation was filed and approved on 07/27/2020.
 
https://radioinsight.com/headlines/...p-after-lawsuit-from-music-copyright-holders/

Apparently Ed Stolz handed over the stations in a court order.

The saga around Ed Stolz and the court ordered receivership of his Golden State Broadcasting CHR “Rev 92.7” KREV Alameda/San Francisco, Major Market Radio LLC’s 97.7 KRCK-FM Mecca/Palm Springs, and Silver State Broadcasting’s “104.3 Now” KFRH North Las Vegas continues to play out like a soap opera.

Stolz avoided being jailed by turning over the stations and the required deeds, leases, and contracts to receiver Larry Patrick on September 10 ahead of the deadline on the 11th.
Click to expand...
 
www.insideradio.com

Las Vegas Tower Owner Sees Opportunity In Looming Sale Of Royce FMs.

The court-ordered sale of three FMs owned by Ed Stolz’s Royce International Broadcasting has attracted the attention of the owner of a tower used by his Las Vegas station. Crown
www.insideradio.com www.insideradio.com

The court-ordered sale of three FMs owned by Ed Stolz’s Royce International Broadcasting has attracted the attention of the owner of a tower used by his Las Vegas station. Crown Castle said it has not been paid for the tower site used by CHR “104.3 Now” KFRH since May 2015. It is asking a federal court judge to award it $882,668 from the pending $6 million sale of KFRH and sisters “92.7 The Revolution” KREV San Francisco and “Hot Hits 97.7” KRCK-FM Palm Springs, CA.

In a filing in U.S. District Court in Los Angeles on Thursday, Crown Castle said Stolz owes it $738,099 in unpaid fees. It is also seeking $15,766 in late fees plus another $144,569 in various fees and expenses for KFRH’s tower site on Mt. Potosi. Crown Castle had earlier filed a lawsuit seeking to recoup the fees from Stolz and Beasley Broadcast Group, which sold KFRH to him in 2009. As part of that transaction, Stolz assumed the contract that Beasley signed for the tower site in 2004.
Click to expand...

Here is more on Ed Stoltz Vegas outlets on sale.
 
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