Potomac Leasing Co. v. Housing Authority of El Paso

How courts have described this case

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

• asserting that “to establish usury [in lease transactions], it was necessary to first establish that the leases were not mere leases but were, instead, lease-purchase agreements”
• noting that “no credit transaction is involved” in a lease agreement, as monthly payments “extend the lease and the right to possession of the item under lease”

Source: CourtListener parenthetical corpus (CC0).