Commercial Bank vs. Pappas Radio of California

Action No. 1-10-CV-181577
Superior Court, County of Santa Clara - Judge Peter H. Kirwan
2010:  Receiver appointed to operate a 50,000KW radio station.  KTRB 860 AM (sports
radio), located in San Francisco, California with a daytime tower in Hayward and a nighttime tower in Sunol.  KTRB broadcasted during 2010 the A's and Stanford football and basketball.  The FCC license was assigned to the Receiver.  The Receiver reduced staff, prepared operating budgets, worked with lessors and took steps necessary to maintain the radio station assets.  She prepared a request for Local Marketing Agreement (LMA) and solicited offers.  An ofer was accepted and approved by the Court.  The Receiver continued to monitor the operations and comply with FCC requirements until the station was sold in 2016 for approximately $5 million.