· 7/14/1982
West Virginia, Department of Finance & Administration v. Hassett (In Re O.P.M. Leasing Services, Inc.)
Citations
- 21 B.R. 993
- 34 U.C.C. Rep. Serv. (West) 1704
- 1982 Bankr. LEXIS 3723
- 9 Bankr. Ct. Dec. (CRR) 542
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- noting that in the absence of a hell or high water clause, if the equipment malfunctioned, the only security available to the assignee would be the repossession of equipment having substantially reduced value
- State of West Virginia as lessee of computer equipment could not terminate the lessor’s assignee’s unconditional right to payment under a “hell or high water” clause
Source: CourtListener parenthetical corpus (CC0).
Judges: Burton R. Lifland
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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