Chrysler Credit Corp. v. Smith

OPINION OF THE COURT

David Friedman, J.

Defendant leased a 1991 Dodge Spirit from Goldring Motors, Inc. This lease was assigned to plaintiff Chrysler Credit Corporation. Pursuant to its terms the vehicle had to be insured for theft, a condition with which defendant complied. The vehicle was stolen and the insurance proceeds were paid to plaintiff. Until the theft all of the payments required by the lease were made by defendant. Plaintiff nevertheless maintained that defendant owed it further sums under the lease and this action was commenced by service of a summons and complaint. Issue was…