Legal Opinion

Sawyers v. FMA Leasing Co.

Utah Supreme Court

Decided July 17, 1986No. 20079PublishedCited by 28 opinions

1Per curiam

This appeal arises out of plaintiffs’ action to recover lost profits which they claim to have suffered after defendant FMA Leasing Company (FMA) cancelled their $100,-000 line of credit. The trial court denied those damages as too speculative in nature.

We affirm.. The pertinent facts may be briefly summarized. Plaintiffs were distributors of end-dump coal trailers manufactured and adapted specially for their needs by Summit Trailer Company of Pennsylvania. Plaintiffs obtained a line of credit from FMA in order to supply interim financing for the trailers. Shortly after plaintiffs commenced…

2Cases cited19 opinions

  1. Atkin Wright & Miles v. Mountain States Telephone & Telegraph Co.Utah Supreme Court · 1985
  2. Cook Associates, Inc. v. WarnickUtah Supreme Court · 1983
  3. Chung v. Kaonohi Center Co.Hawaii Supreme Court · 1980
  4. First Security Bank of Utah, N.A. v. J.B.J. Feedyards, Inc.Utah Supreme Court · 1982
  5. Cardinal Consulting Co. v. Circo Resorts, Inc.Supreme Court of Minnesota · 1980

14 more not listed; retrieve them via the Exa API.

3Cited by28 opinions

  1. Sampson v. RichinsCourt of Appeals of Utah · 1989
  2. TruGreen Companies, L.L.C. v. Mower Bros., Inc.Utah Supreme Court · 2008
  3. Henderson v. For-Shor Co.Court of Appeals of Utah · 1988
  4. Price-Orem Investment Co. v. Rollins, Brown & Gunnell, Inc.Court of Appeals of Utah · 1989
  5. Abbott v. Law Office of MulliganCourt of Appeals for the Tenth Circuit · 2011

23 more not listed; retrieve them via the Exa API.

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