In Re Pch Associates, F/k/a Simon Associates, Debtor. Liona Corporation, N v. V. Pch Associates

U.S. Court of Appeals, Second Circuit · Decided 1986-10-27

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MINER, Circuit Judge: Liona Corporation, N.V. (“Liona”) appeals from a judgment of the United States District Court for the Southern District of New York (Tenney, J.) affirming an order of the bankruptcy court (Lifland, J.) in favor of debtor PCH Associates (“PCH”). The District Court held that the sale-leaseback arrangement between Liona and PCH was a joint venture agreement…

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