In Re Ecco Drilling Co., Ltd.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting that if the agreement is found to be a lease after applying the bright-line test, the inquiry comes to an end
• ―[E]ven Article 2A governing finance leases defers to the analysis [for a security interest] . . . . If the transaction meets the definition of security interest . . . then it does not qualify as a lease.‖
• fifteen percent option price was nominal

Source: CourtListener parenthetical corpus (CC0).