Colorado Leasing Corp. v. Borquez
Colorado Court of Appeals
1Opinion of the Court
CRISWELL, Judge.
Defendants, James and Conrad Borquez, appeal from a judgment against them as guarantors of an equipment lease. They claim the trial court erred in holding that the lease was not a security agreement under the Uniform Commercial Code § 4-1-101, et seq., C.R.S. (U.C.C.), to which the notice of sale provisions of § 4-9-504(3), C.R.S. (1986 Cum.Supp.), applied. We agree and reverse.
Defendants, who were officers of a corporation, personally guaranteed the corporation’s obligations under an equipment lease with plaintiff, Colorado Leasing Corporation, for mobile telephone equipment.…
2Cases cited7 opinions
- Community Manage. Ass'n of Colorado Sp. v. TousleyColorado Court of Appeals · 1973
- First National Bank of Denver v. CillessenColorado Court of Appeals · 1980
- Lease Finance, Inc. v. BurgerColorado Court of Appeals · 1977
- Hoover v. ShottSupreme Court of Colorado · 1920
- H.M.O. Systems, Inc. v. Choicecare Health Services, Inc.Colorado Court of Appeals · 1983
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3Cited by7 opinions
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- DSCO, INC. v. WarrenColorado Court of Appeals · 1991
- Burdick v. TuckerColorado Court of Appeals · 1989
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