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· 11/9/1984

Watkins v. Air Vermont, Inc. (In Re Air Vermont, Inc.)

Citations

  • 44 B.R. 440
  • 39 U.C.C. Rep. Serv. (West) 1443
  • 1984 Bankr. LEXIS 4630

How courts have described this case

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

  • “to determine whether an option to purchase is for nominal consideration, the option price should be compared with the fair market value of the subject matter, not as of the time the option is to be exercised, but as of the formation of the agreement”

Source: CourtListener parenthetical corpus (CC0).

Judges: Charles J. Marro

Read full opinion on CourtListener

Sourced 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.