Legal Opinion
G.M. Battery & Boat Co. v. L.K.N. Corp.
Supreme Court of Missouri
Decided March 15, 1988No. 69427PublishedCited by 16 opinions
1Opinion of the Court
BLACKMAR, Judge.
LKN Corporation (LKN) leased a commercial building from G.M. Battery and Boat Co. (GMB) for a term of two years commencing March 1, 1982 at a rental of $1,500 per month. The lease granted the lessee an option to purchase the property during the term for $145,000 with a credit on the purchase price of one-half of the rental paid during the second year. The lease also contained the following provision:
No. 11. Insurance. Tenant agrees to maintain at his expense throughout the term of this Lease an all hazard insurance policy in the amount of $75,000.00 payable to and acceptable…
2Cases cited23 opinions
- DeWitt v. American Family Mutual Insurance Co.Supreme Court of Missouri · 1984
- Harrison v. FortlageSupreme Court of the United States · 1896
- Crossman v. American InsuranceMichigan Supreme Court · 1917
- Strong v. MooreOregon Supreme Court · 1922
- Young v. State Farm Fire & Cas. Ins. Co.Louisiana Court of Appeal · 1982
18 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Schubert v. Auto Owners InsuranceCourt of Appeals for the Eighth Circuit · 2011
- JAM Inc. v. Nautilus Insurance Co.Missouri Court of Appeals · 2004
- Technical Land, Inc. v. Firemen's Insurance Co. of WashingtonDistrict of Columbia Court of Appeals · 2000
- Sherwood Medical Co. v. B.P.S. Guard Services, Inc.Missouri Court of Appeals · 1994
- Beckon, Inc. v. Amco InsuranceCourt of Appeals for the Eighth Circuit · 2010
11 more not listed; retrieve them via the Exa API.