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In re Lyndon M. Franzen

Bankr. No.: 
99-50153
Chapter: 
11
Date of Decision: 
July 23, 1999
Issue: 
Whether an agreement between the debtor and a truck and trailer business was a true lease that the debtor had to assume or reject or a sale/security deal?
Ruling: 
Based on the applicable Colorado statutes and case law, the Court concluded that the agreement was a true lease which the truck and trailer business could compel the debtor to assume or reject.
Full Bankruptcy Court Decision: