Legal Opinion
Funding Systems Leasing Corp. v. King Louie International, Inc.
Missouri Court of Appeals
Decided June 11, 1979No. KCD 28435PublishedCited by 34 opinions
1Opinion of the Court
WASSERSTROM, Judge.
This multiparty litigation presents the question of responsibility of the financing party under a lease-purchase agreement for the malfunctioning of the covered equipment. The trial court held the financing party here free of any legal responsibility *627for the malfunctioning, and the lessee-purchaser appeals.
In early 1970, King Louie International Incorporated (“King Louie”) was the owner of radio station KBEA. It desired to automate the station in order to conserve the cost of manpower. After surveying different types of equipment on the market, King Louie decided in favor…
2Cases cited21 opinions
- Murphy v. CarronSupreme Court of Missouri · 1976
- Industralease Automated & Scientific Equipment Corp. v. R. M. E. Enterprises, Inc.Appellate Division of the Supreme Court of the State of New York · 1977
- Hertz Commercial Leasing Corp. v. Transportation Credit Clearing House, Inc.Civil Court of the City of New York · 1969
- Walter E. Heller & Co. v. Convalescent Home of First Church of DeliveranceAppellate Court of Illinois · 1977
- Atlas Industries, Inc. v. National Cash Register Co.Supreme Court of Kansas · 1975
16 more not listed; retrieve them via the Exa API.
3Cited by34 opinions
- Cicle v. Chase Bank USACourt of Appeals for the Eighth Circuit · 2009
- Whitney v. Alltel Communications, Inc.Missouri Court of Appeals · 2005
- Liberty Financial Management Corp. v. Beneficial Data Processing Corp.Missouri Court of Appeals · 1984
- Estrin Construction Co. v. Aetna Casualty & Surety Co.Missouri Court of Appeals · 1981
- Sitogum Holdings, Inc. v. RopesNew Jersey Superior Court Appellate Division · 2002
29 more not listed; retrieve them via the Exa API.