Spina v. Toyota Motor Credit Corp.

Plaintiffs Joseph and Barbara Spina and Rock-Tred Corporation leased automobiles from defendant Toyota Motor Credit Corporation (Toyota). Plaintiffs, on behalf of themselves and others similarly situated, filed a two-count complaint against Toyota, alleging Toyota’s refusal to pay interest on plaintiffs’ security deposits violated section 9 — 207 of the Illinois Uniform Commercial Code (UCC) (810 ILCS 5/9 — 207(2)(c) (West 1996)) and the Illinois Consumer Fraud and Deceptive Business Practices Act (Consumer Fraud Act) (815 ILCS 505/1 et seq. (West 1996)). The chancery court granted Toyota’s…