Legal Opinion
1st Charter Lease Co. v. McAl, Inc.
Colorado Court of Appeals
Decided February 12, 1984No. 81CA0785PublishedCited by 9 opinions
1Opinion of the Court
PIERCE, Judge.
In this action for a deficiency judgment, plaintiff, 1st Charter Lease Company (1st Charter) appeals the trial court’s dismissal of claims on a motion for a directed verdict made by defendants, McAl, Inc., John E. McNabb, Audry Lee Autry, and Lon Dale Lowry (McAl). We reverse.
1st Charter is a general equipment leasing company. McAl leased computer hardware from 1st Charter for a term of 60 months with monthly payments of $560.25, for a total of $33,615. There is no dispute that the transaction involved a security interest governed by Article 9 of the Uniform Commercial Code, §…
2Cases cited5 opinions
- Community Manage. Ass'n of Colorado Sp. v. TousleyColorado Court of Appeals · 1973
- First National Bank of Denver v. CillessenColorado Court of Appeals · 1980
- Lease Finance, Inc. v. BurgerColorado Court of Appeals · 1977
- City and County of Denver v. DeLongSupreme Court of Colorado · 1976
- United Bank of Denver v. ReedColorado Court of Appeals · 1981
3Cited by9 opinions
- First National Bank of Minneapolis v. Kehn Ranch, Inc.South Dakota Supreme Court · 1986
- Alamosa National Bank v. San Luis Valley Grain Growers, Inc.Colorado Court of Appeals · 1988
- Cooper Investments v. CongerColorado Court of Appeals · 1989
- Chrysler Credit Corp. v. H & H Chrysler-Plymouth-Dodge, Inc.Court of Appeals for the Sixth Circuit · 1991
- Aspen Enterprises, Inc. v. BodgeCalifornia Court of Appeal · 1995
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