Legal Opinion

Jackie Don Roberts and Vickie Mae Roberts

United States Bankruptcy Court, D. New Mexico

Decided May 22, 2020No. 18-11927Unknown

1Opinion

UNITED STATES BANKRUPTCY COURT DISTRICT OF NEW MEXICO In re: JACKIE DON ROBERTS and VICKIE MAE ROBERTS, Case No. 18-11927-t12 Debtors. OPINION Before the Court is a lessor’s stay relief motion, brought so he could pick up two pieces of farm equipment leased to the debtors. Debtors and their secured lender object, arguing that the lease is really a security interest and the lessor an unsecured creditor. The Court, having heard the testimony of the parties and reviewed the relevant documents, concludes that the lease is a “true lease.” As lease payments have not been made and debtors do not…

2Cases cited26 opinions

  1. St. Louis Baptist Temple, Inc. v. Federal Deposit Insurance CorporationCourt of Appeals for the Tenth Circuit · 1979
  2. LeBlanc v. SalemCourt of Appeals for the First Circuit · 1999
  3. In the Matter of Marhoefer Packing Company, Inc., Bankrupt, Appeal of Robert Reiser & Company, Inc., CreditorCourt of Appeals for the Seventh Circuit · 1982
  4. In Re Keith Alan Powers, Debtor. Keith Alan Powers v. Royce Inc., D/B/A Royce RentalsCourt of Appeals for the Seventh Circuit · 1993
  5. In Re QDS Components, Inc.United States Bankruptcy Court, S.D. Ohio · 2002

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