Patriot General Life Insurance v. CFC Investment Co.

How courts have described this case

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

• “Accordingly a breach by the supplier of the equipment does not excuse the lessee from making lease payments to the finance-lessor, unless the equipment lease otherwise provides”
• “Tax and accounting considerations have caused a considerable burgeoning in the volume of equipment leasing”
• “When the commercial context has been, as here, a financing lease, the weight of authority is that the consideration which flows from the financing lessor is money, not a functioning product”

Source: CourtListener parenthetical corpus (CC0).