Legal Opinion

In the Matter of Fashion Optical, Ltd., Bankrupt. Joe Steele, Trustee v. Dr. Charles J. Gebetsberger

Court of Appeals for the Tenth Circuit

Decided July 14, 1981No. 79-1864PublishedCited by 50 opinions

1Opinion of the Court

SEYMOUR, Circuit Judge.

The district court affirmed a bankruptcy court order holding a transfer from bankrupt Fashion Optical, Ltd. to defendant Dr. Gebetsberger to be neither a fraudulent conveyance nor a transfer intended as Security. Both courts held the transfer to be a true lease. The trustee in bankruptcy appeals. We reverse and remand for further proceedings.

The dispute between the trustee and Ge-betsberger centers on a purported sale and leaseback of equipment. As part of the transaction, bankrupt sent a bill of sale dated June 23, 1977 whereby bankrupt sold Gebetsberger $53,280 of…

2Cases cited15 opinions

  1. All-States Leasing Co. v. OchsCourt of Appeals of Oregon · 1979
  2. Dynalectron Corporation v. Jack Richards Aircraft Co.District Court, W.D. Oklahoma · 1972
  3. National Equipment Rental, Ltd. v. Priority Electronics Corp.District Court, E.D. New York · 1977
  4. Davis Brothers v. Misco Leasing, Inc.Court of Appeals of Texas · 1974
  5. Peco, Inc. v. Hartbauer Tool & Die Co.Oregon Supreme Court · 1972

10 more not listed; retrieve them via the Exa API.

3Cited by50 opinions

  1. In Re Pacific Express, Inc.Court of Appeals for the Ninth Circuit · 1986
  2. In Re Continental Airlines, Inc., Debtors, Continental Airlines, Inc.Court of Appeals for the Third Circuit · 1991
  3. Coble Systems, Inc. v. Coors of the Cumberland, Inc. (In Re Coors of the Cumberland, Inc.)United States Bankruptcy Court, M.D. Tennessee · 1982
  4. In Re QDS Components, Inc.United States Bankruptcy Court, S.D. Ohio · 2002
  5. Consumer Lease Network, Inc. v. Puckett (In Re Puckett)United States Bankruptcy Court, M.D. Tennessee · 1986

45 more not listed; retrieve them via the Exa API.

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