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HOUSTON NORTH HOSP. PROP. v. TELCO LEASING, INC.

No. 81-2343.

680 F.2d 19 (1982)

HOUSTON NORTH HOSPITAL PROPERTIES, et al., Plaintiffs-Appellants, v. TELCO LEASING, INC., et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

Opinion on Denial of Rehearing October 7, 1982.

Attorney(s) appearing for the Case

Butler, Binion, Rice, Cook & Knapp, Don Fogel, Norman Riedmueller, Houston, Tex., for plaintiffs-appellants.

Susman & McGowan, Stephen D. Susman, Franci N. Beck, Houston, Tex., for defendants-appellees.

Before RUBIN, REAVLEY and TATE, Circuit Judges.

Opinion on Denial of Rehearing October 7, 1982. See 688 F.2d 408.

ALVIN B. RUBIN, Circuit Judge:

Peers who deal at arm's length with each other may strike a hard bargain so long as it is not an unconscionable one. Here, a business debtor seeks to set aside an agreement entered into with its creditor whereby the creditor agreed, for a price, to accept prepayment of a loan and release the lien securing it. The debtor argues...

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