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LJN's Equipment Leasing Newsletter

July 2010

District Court Recognizes Texas Legislation in Overturning Clark Contracting Decision

By Michael D. Jewesson

On April 14, 2010, the federal district court reviewing the Clark Contracting decision overturned the bankruptcy court and gave effect to the language in SB1592 that indicated that the legislation was a clarification of existing law rather than a change to the law.

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