Ruchaber v. Short

Plaintiffs brought this action against defendant for breach of a sale/security and lease agreement. They sought to recover the balance of defendant’s outstanding debt, less the amount realized upon their disposition of the collateral, and accrued rent from January 8, 1979, to May 18, 1979. The case was tried to the court, and judgment was entered in favor of plaintiffs. Defendant appeals.

In early 1979, plaintiffs and defendant executed a written agreement which provided for: (1) the purchase for $34,026 by defendant of plaintiffs’ inventory in a grocery store and his sublease of the premises,…