· 12/1/1987
Amvest Funding Co. v. Rex Group, Inc. (In Re Rex Group, Inc.)
Citations
- 80 B.R. 774
- 5 U.C.C. Rep. Serv. 2d (West) 712
- 1987 Bankr. LEXIS 2137
- 1987 WL 31500
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- finding that horses were not inventory held for sale but rather equipment based in part on a security agreement’s terms
- lessee’s promises to pay maintenance, insurance, taxes and all other expenses related to ownership indicia of secured loan rather than lease
- “[i]t has been held that statements in a security agreement are not conclusive evidence of the owner’s intended use of collateral”
Source: CourtListener parenthetical corpus (CC0).
Judges: Blackwell N. Shelley
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.