Legal Opinion
Chemlease Worldwide Inc. v. Brace, Inc.
Supreme Court of Minnesota
Decided September 23, 1983No. C9-82-1457PublishedCited by 41 opinions
1Opinion of the Court
KELLEY, Justice.
Respondent Chemlease Worldwide, Inc. (Chemlease), the lessor of personal property, sought a deficiency judgment against the lessee (Brace, Inc.) and two personal guarantors of the lessee’s lease obligations (Charles and Clayton Brace) for the difference between the unpaid amount due it under the lease and the amount received following a repossession sale. Following trial, the court directed a verdict for the lessor. Subsequently, judgment was entered against the lessee and both personal guarantors. On appeal, appellants claim (1) that the lessor failed to give the lessee and…
2Cases cited12 opinions
- North Carolina National Bank v. BurnetteSupreme Court of North Carolina · 1979
- DeLay First National Bank & Trust Co. v. Jacobson Appliance Co.Nebraska Supreme Court · 1976
- Chase Manhattan Bank, N. A. v. NatarelliNew York Supreme Court · 1977
- Commercial Discount Corp. v. BayerAppellate Court of Illinois · 1978
- FMA Financial Corp. v. Pro-PrintersUtah Supreme Court · 1979
7 more not listed; retrieve them via the Exa API.
3Cited by41 opinions
- Southtown Plumbing, Inc. v. Har-Ned Lumber Co.Court of Appeals of Minnesota · 1992
- Musicland Group, Inc. v. Ceridian Corp.Court of Appeals of Minnesota · 1993
- Sunjet, Inc. v. Ford Motor Credit Co., Texas Court of Appeals, 5th District (Dallas)1985
- First Bank of South Dakota v. Haberer Dairy & Farm Equipment, Inc.South Dakota Supreme Court · 1987
- Connolly v. Bank of Sonoma CountyCalifornia Court of Appeal · 1986
36 more not listed; retrieve them via the Exa API.