In Re American Colonial Broadcasting Corp‪.‬

This is an appeal from a judgment entered by the United States District Court for the District of Puerto Rico dismissing an appeal from an order of the United States Bankruptcy Court for the District of Puerto Rico. The Bankruptcy Court order had authorized the Special Master Juan Labadie-Eurite to negotiate the sale of two television stations, WKBM-TV (Channel 11) and WSUR-TV (Channel 9), owned by the debtor, American Colonial Broadcasting Corporation (ACBC), to the high bidder, Joaquin Villamil. This order was appealed to the district court by Charles Woods, the losing bidder. Separate appeals of this order were also filed by ACBC and the Committee of Equity Security Holders of ACBC. ACBCs appeal was dismissed by the district court for failure to prosecute. The appeals of Woods and the Equity Security Holders were also dismissed by the district court on the grounds that the bankruptcy court order was not final and appealable as of right and that leave to appeal should not be granted because the order in question was moot. Woods, the Equity Security Holders, and ACBC appeal the district courts decisions.