In Re Standard Financial Management Corp.
United States Bankruptcy Court, D. Massachusetts
1Opinion of the Court
MEMORANDUM ON ADMINISTRATIVE LEASE CLAIM
HAROLD LAVIEN, Bankruptcy Judge.
Before the Court is New England Merchants Funding Corporation’s (“Funding Corporation”) Motion for an Allowance of Administrative Expense and Request for Payment for computers and peripherals allegedly leased to the debtor. The Court is asked to determine if the lease is, in fact, a security agreement or a true lease.
Factual Background
The Bank of New England, N.A. (“the Bank”) served as a source of financing for the debtor. The Bank provided the debtor with a revolving loan, with a limit of $1,000,000 dollars. The rate of…
2Cases cited7 opinions
- In Re J. A. Thompson & Son, Inc., Debtor. Ralph Aoki, Receiver v. Shepherd MacHinery Co.Court of Appeals for the Ninth Circuit · 1982
- K. L. C., Inc. v. Brookside Drug Store, Inc. (In Re Brookside Drug Store, Inc.)United States Bankruptcy Court, D. Connecticut · 1980
- Bankr. L. Rep. P 71,846, 4 Ucc rep.serv.2d 210 in Re Celeryvale Transport, Inc., Debtor. Richard P. Jahn, Jr., Trustee v. M.W. Kellogg Company, Inc., D/B/A Pullman Trailmobile, and Federal Insurance CompanyCourt of Appeals for the Sixth Circuit · 1987
- United States Fidelity & Guaranty Co. v. Thompson & Green MacHinery Co.Tennessee Supreme Court · 1978
- In Re Access Equipment, Inc.United States Bankruptcy Court, D. Massachusetts · 1986
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3Cited by2 opinions
- In Re QDS Components, Inc.United States Bankruptcy Court, S.D. Ohio · 2002
- American President Lines, Ltd. v. Lykes Bros. SteamshipDistrict Court, M.D. Florida · 1996