In Re Bumgardner
United States Bankruptcy Court, D. Idaho
1Opinion of the Court
MEMORANDUM OF DECISION
ALFRED C. HAGAN, Bankruptcy Judge.
Pursuant to 11 U.S.C. § 365, Ford Motor Credit Company (“FMCC”) moves to require debtors, Earl M. Bumgardner and Helen E. Bumgardner, to assume or reject an unexpired lease. The debtors contend the agreement is a sale and security transaction, not a lease.
THE AGREEMENT
The debtors and Wendle Ford/Nissan/Isuzu Sales, Inc. (“Wendle Ford”) entered into the agreement in issue for the purehase/lease of a new 1992 Ford Conversion Van (the “Van”). Pursuant to the agreement, Wendle Ford assigned its interest as “lessor” to Ford Motor Credit…
2Cases cited7 opinions
- In the Matter of Marhoefer Packing Company, Inc., Bankrupt, Appeal of Robert Reiser & Company, Inc., CreditorCourt of Appeals for the Seventh Circuit · 1982
- Rainier National Bank v. Inland MacHinery Co.Court of Appeals of Washington · 1981
- Eimco Corp. v. SimsIdaho Supreme Court · 1979
- In Re LerchUnited States Bankruptcy Court, C.D. Illinois · 1992
- In Re ZalehaUnited States Bankruptcy Court, D. Idaho · 1993
2 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
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- Worldcom, Inc. v. General Electric Global Asset Management Services (In Re Worldcom, Inc.)United States Bankruptcy Court, S.D. New York · 2006
- In Re Edison Bros. Stores, Inc.United States Bankruptcy Court, D. Delaware · 1997
- In Re MurrayUnited States Bankruptcy Court, E.D. Pennsylvania · 1996
6 more not listed; retrieve them via the Exa API.