Shurgard Storage Centers v. Lipton-U. City, LLC
Court of Appeals for the Eighth Circuit
1Opinion of the Court
SMITH, Circuit Judge.
Lipton-U. City, LLC (“Lipton”) and Shurgard Storage Centers (“Shurgard”) entered into a lease agreement with a purchase option. Shurgard subsequently discovered a major problem with the price term of the agreement when Lipton attempted to exercise it. Shurgard sought reformation or rescission of the sale provision. After a trial on the merits, the district court 1 ordered rescission finding the disputed contract term to be unconscionable. Judgment was entered in Shurgard’s favor and Lipton now appeals. We affirm.
I. Background
In 1996, a representative of Lipton contacted…
2Cases cited7 opinions
- Curtiss-Wright Corp. v. General Electric Co.Supreme Court of the United States · 1980
- Interstate Power Co. v. Kansas City Power & Light Co.Court of Appeals for the Eighth Circuit · 1993
- Smith v. GithensMissouri Court of Appeals · 1954
- Silver Dollar City, Inc. v. Kitsmiller Construction Co.Missouri Court of Appeals · 1996
- Kassebaum v. KassebaumMissouri Court of Appeals · 2001
2 more not listed; retrieve them via the Exa API.
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- Calvin v. RandallDistrict Court, E.D. Arkansas · 2024
- Lipton-U. City v. Shurgard StorageCourt of Appeals for the Eighth Circuit · 2006
1 more not listed; retrieve them via the Exa API.