Legal Opinion
Hoffman v. General Motors Acceptance Corp.
Court of Appeals for the Ninth Circuit
Decided April 15, 1987No. 85-2936PublishedCited by 1 opinion
1Per curiam
Plaintiff Hoffman Buick-GMC appeals a summary judgment for General Motors Acceptance Corporation. We affirm.
Johnny and Elizabeth Hoffman owned Hoffman Buick-GMC, a General Motors Corporation (GMC) franchise. Hoffman Buick entered into a financing contract with General Motors Acceptance Corporation (GMAC), a wholly-owned subsidiary of GMC. The contract provided Hoffman-Buick a $300,000 line of credit to finance its purchase of new GMC cars for sale. The contract gave GMAC the option to terminate the contract if any of a number of specified events occurred. Arizona law was to apply to all…
2Cases cited3 opinions
- College Point Boat Corp. v. United StatesSupreme Court of the United States · 1925
- Fed. Sec. L. Rep. P 98,249 Homer E. Stephenson and Freda Lois Stephenson, His Wife v. Calpine Conifers Ii, Ltd., a Limited PartnershipCourt of Appeals for the Ninth Circuit · 1981
- Western Auto Supply Co. v. Sullivan. Sullivan v. Western Auto Supply CoCourt of Appeals for the Eighth Circuit · 1954
3Cited by1 opinion
- Hoffman v. General Motors Acceptance CorporationCourt of Appeals for the Ninth Circuit · 1987