Ford Motor Credit Co. v. Wintz Companies
Court of Appeals for the Eighth Circuit
1Opinion of the Court
BOWMAN, Circuit Judge.
George L. Wintz appeals from the judgment of the District Court 1 entered on a jury verdict in this diversity case awarding Ford Motor Credit Company (FMCC) over one million dollars in damages for the deficiency on a defaulted loan that was personally guarantied by Wintz. We affirm.
Between 1993 and 1995, Wintz Companies, Inc., purchased from Boyer Ford 150 heavy trucks manufactured by Ford Motor Company. FMCC financed the purchase, and George Wintz signed a personal guaranty to secure the obligation. In addition, FMCC had a loss-sharing agreement with its parent, Ford…
2Cases cited3 opinions
- Porous Media Corporation, Appellant/cross-Appellee v. Pall Corporation, Appellee/cross-AppellantCourt of Appeals for the Eighth Circuit · 1999
- Hubbard Broadcasting, Inc. v. LoescherSupreme Court of Minnesota · 1980
- Schmuckler v. CreurerCourt of Appeals of Minnesota · 1998
3Cited by2 opinions
- ARMOUR Capital Management LP v. SS&C Technologies, Inc.District Court, D. Connecticut · 2019
- Ford Motor Credit Company v. Wintz CompaniesCourt of Appeals for the Eighth Circuit · 1999