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Home / Business / Business Finance and Credit / Lease or financing agreement≠ court decides (8701)

Lease or financing agreement≠ court decides (8701)

Was the debtor able to establish that its lease agreement with Penske Truck Leasing Co. was a financing agreement for the purchase of six tractors and three trailers, rather than a true lease≠ Under relevant sections of the Uniform Commercial Code, did the transaction between the debtor and Penske create a security interest≠The U.S. Bankruptcy ...