The Treatment of Financing Leases in a Chapter 9 Bankruptcy Case

Parts I & II

Henry Kevane

This two-part article published in the Tax-Exempt Leasing Letter of the Association for Governmental Leasing and Finance examines the treatment of financing leases in chapter 9 municipal bankruptcy cases, including assumption/rejection issues, characterization as a “true lease,” and special revenue exemptions.

View Document(s):

• Kevane – Treatment of Municipal Financing Leases (Part I).pdf
• Kevane – Treatment of Municipal Financing Leases (Part II).pdf