Legal Opinion
Total Equipment Leasing Corp. v. LaRue Investment Corp.
Court of Appeals of Minnesota
Decided November 6, 1984No. C7-84-604PublishedCited by 4 opinions
1Opinion of the Court
OPINION
SEDGWICK, Judge.
This appeal is from a judgment entered December 13, 1983. A motion for amended findings or a new trial was denied on March 2, 1984. We affirm in part, reverse and remand in part.
FACTS
In spring of 1979 respondents LaRue Investment Corporation and Carl LaRue, entered into two lease agreements with appellant Total Equipment Leasing Corporation. Each lease involved rental of a two-way radio set, and each included an option to buy the set for $1 at the end of the rental period. Carl LaRue personally guaranteed payment.
LaRue defaulted on both leases. In spring 1982, the…
2Cases cited4 opinions
- Chemlease Worldwide Inc. v. Brace, Inc.Supreme Court of Minnesota · 1983
- Don Kral Incorporated v. LindstromSupreme Court of Minnesota · 1970
- Robert M. Larsen v. Einar C. EricksonCourt of Appeals for the Eighth Circuit · 1977
- Bloomer v. BloomerSupreme Court of Minnesota · 1971
3Cited by4 opinions
- Northwest Airlines, Inc., a Minnesota Corporation v. Astraea Aviation Services, Inc., Doing Business as Dalfort Aviation, a Texas CorporationCourt of Appeals for the Eighth Circuit · 1997
- Becker v. F & H Restaurant Group, Inc.Court of Appeals of Minnesota · 1987
- Ladwig & Ladwig, Inc. v. Orlin Ladwig, Inc.Court of Appeals of Minnesota · 1985
- Northwest Airlines v. Astraea AviationCourt of Appeals for the Eighth Circuit · 1997