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District Court Recognizes Texas Legislation in Overturning Clark Contracting Decision

On April 14, 2010, the federal district court reviewing the <i>Clark Contracting</i> 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.

11 minute read June 30, 2010 at 11:38 AM
By
Michael D. Jewesson
District Court Recognizes Texas Legislation in Overturning Clark Contracting Decision

As reported in the September 2009 edition of LJN's Equipment Leasing Newsletter (“Texas Legislature Passes Certificate of Title Bill Negating Effect of Clark Contracting Decision,” Michael D. Jewesson), Senate Bill 1592, S.B.1592, 81st Leg., Reg.

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