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IN RE ZALEHA

Bankruptcy No. 93-00638-11.

159 B.R. 581 (1993)

In re Daniel B. ZALEHA, Debtor.

United States Bankruptcy Court, D. Idaho.

August 31, 1993.

Attorney(s) appearing for the Case

Bob E. Pangburn, Caldwell, ID, for debtor.

Jeffrey M. Wilson, Wilson, Carnahan & McColl, Boise, ID, for Toyota Motor Credit Corp.

MEMORANDUM OF DECISION

ALFRED C. HAGAN, Chief Judge.

Toyota Motor Credit Corporation ("TMCC") moves, under 11 U.S.C. § 365, to require Daniel Zaleha, the debtor in this chapter 11 case ("debtor"), to assume or reject an unexpired lease. The debtor defends on the ground the transaction is not a true lease, but is in fact a disguised security interest.

The lease at issue is for a 1991 Toyota 4WD Deluxe...

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