Legal Opinion

Consumer Lease Network, Inc. v. Puckett (In Re Puckett)

United States Bankruptcy Court, M.D. Tennessee

Decided April 18, 1986No. Bankruptcy 385-01792, 385-02105, 385-02106, 385-02497 and 385-02396PublishedCited by 30 opinions

1Opinion of the Court

MEMORANDUM

KEITH M. LUNDIN, Bankruptcy Judge.

The issue in these consolidated proceedings is whether agreements are true leases or disguised sales and security interests. I find that the agreements are security agreements and the transactions are sales not leases.

The following constitute findings of fact and conclusions of law. Bankruptcy Rule 7052. This is a core proceeding. 28 U.S. C.S. § 157(b)(2)(M) (Law.Co-op.1986).

I. PROCEDURE

Consumer Lease Network (“CLN”) has moved to compel these Chapter 13 debtors to accept or reject “leases” and CLN objects to confirmation of each debtor’s plan. CLN…

2Cases cited34 opinions

  1. In the Matter of Marhoefer Packing Company, Inc., Bankrupt, Appeal of Robert Reiser & Company, Inc., CreditorCourt of Appeals for the Seventh Circuit · 1982
  2. American Standard Credit, Inc. v. National Cement Co., Programming and Systems, Inc., International Computer Corp.Court of Appeals for the Fifth Circuit · 1981
  3. In the Matter of Fashion Optical, Ltd., Bankrupt. Joe Steele, Trustee v. Dr. Charles J. GebetsbergerCourt of Appeals for the Tenth Circuit · 1981
  4. In Re J. A. Thompson & Son, Inc., Debtor. Ralph Aoki, Receiver v. Shepherd MacHinery Co.Court of Appeals for the Ninth Circuit · 1982
  5. Coble Systems, Inc. v. Coors of the Cumberland, Inc. (In Re Coors of the Cumberland, Inc.)United States Bankruptcy Court, M.D. Tennessee · 1982

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

3Cited by30 opinions

  1. Crumley v. BerrySupreme Court of Arkansas · 1989
  2. In Re BurtonUnited States Bankruptcy Court, N.D. Alabama · 1989
  3. In Re PerryDistrict Court, S.D. Texas · 1999
  4. In Re CopelandUnited States Bankruptcy Court, E.D. Arkansas · 1999
  5. Burney v. Thorn Americas, Inc.District Court, E.D. Wisconsin · 1996

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

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