Litton Industries Credit Corp. v. Catanuto
Supreme Court of Connecticut
1Opinion of the CourtLoiselle, J.
On February 25,1970, Litton Medical Products, Inc. (hereinafter Litton Medical) entered into a written agreement to lease to the defendant, a practicing physician, x-ray equipment for a term of five years to commence on March 6, 1970. Under the terms of the lease, the defendant was to pay a monthly rental of $195.02, an amount totaling $11,701.20 for the sixty-month period. Paragraph 15 of the agreement provides that in the event of default the “Lessor shall have the right to exercise any one or more of the following remedies: (A) to declare the entire amount of unpaid total rent for the…
2Cases cited11 opinions
- Riviera Congress Associates ex rel. Lewy v. YasskyNew York Court of Appeals · 1966
- General Supply & Construction Co. v. GoeletNew York Court of Appeals · 1925
- Losei Realty Corp. v. City of New YorkNew York Court of Appeals · 1930
- In Re BarnettCourt of Appeals for the Second Circuit · 1926
- Fairfield Lease Corp. v. Marsi Dress Corp.Civil Court of the City of New York · 1969
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- Marsh, Day & Calhoun v. SolomonSupreme Court of Connecticut · 1987
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