Recharacterization Revisited: A View of Recharacterization of Sale and Leaseback Transactions in Bankruptcy after Fifteen Years
Thomas Homburger
RECHARACTERIZATION REVISITED:A VIEW OF RECHARACTERIZATION OF SALE ANDLEASEBACK TRANSACTIONS IN BANKRUPTCYAFTER FIFTEEN YEARSThomas C. Homburger*Karl L. Marschel**Editors’ Synopsis: This Article updates and revises an article published in the Spring 1989 edition of the Real Property, Probate and Trust Journaal The Article addresses how different courts have treated sale and leaseback transactions, with particular emphasis on examining the risk of judicial recharacterization in the bankruptcy...