United States Seventh Circuit

District court judgment is reversed in a bankruptcy proceeding involving the retention of airport facilities where an arrangement between airline and bond-issuing public entity was improperly qualified as a lease, rather than a secured loan.

Appellate Information

• Argued 02/16/2006
• Decided 05/04/2006
• Published 05/04/2006

Judges

• MANION, Circuit Judge., Before BAUER, EASTERBROOK, and MANION, Circuit Judges.

Court

• United States Seventh Circuit

Counsel

• For Appellant:
  
• James H.M. Sprayregen, Marc Kieselstein (argued), Kirkland & Ellis, Washington, DC, for Debtor-Appellant.


• For Appellees:
  
• Patrick McLaughlin (argued), Dorsey Whitney, Minneapolis MN, David A. Golin, Gesas, Pilati, Gesas & Golin, Chicago, IL, Charles P. Schulman, Sachnoff & Weaver, Chicago, IL, for Appellee.