In Re Atlantic Computer Systems Inc.
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM DECISION ON SUMMARY JUDGMENT MOTION OF IBM FOR RELIEF FROM THE AUTOMATIC STAY
BURTON R. LIFLAND, Chief Judge.
BACKGROUND
The Motion before the Court concerns numerous transactions involving computer and related equipment (“Equipment”) manufactured by International Business Machines, Inc. (“IBM”), owned by Atlantic Computer Systems, Inc. (“Atlantic” or “Debtor”), and leased to various third parties. Each of the transactions followed a similar pattern with virtually identical documents. A credit worthy IBM customer (an “End User”) entered into a standard form purchase agreement (the…
2Cases cited20 opinions
- Hassett v. Revlon, Inc. (In Re O. P. M. Leasing Services, Inc.)United States Bankruptcy Court, S.D. New York · 1982
- Hasset v. Blue Cross & Blue Shield (In Re O.P.M. Leasing Services, Inc.)United States Bankruptcy Court, S.D. New York · 1985
- In re CopelandCourt of Appeals for the Third Circuit · 1976
- In the Matter of Mary Perry Miller, Bankrupt. Roberta Reed Looney, Raymond D. Brown and Country Store Gallery, Inc. v. Henry Nuss, Iii, TrusteeCourt of Appeals for the Fifth Circuit · 1977
- Rich v. Touche Ross & Co.District Court, S.D. New York · 1976
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- Weyerhaeuser Co. v. Israel Discount Bank of New YorkDistrict Court, S.D. New York · 1995
- Levey v. Burke, Wilson & McIlvaine (In Re Bragiel)United States Bankruptcy Court, N.D. Illinois · 1993
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