Craigs, Inc. v. General Electric Capital Corp.
Court of Appeals for the Seventh Circuit
1Opinion of the Court
KANNE, Circuit Judge.
In 1983, Craigs, Incorporated, (“Craigs”) a Wisconsin retañer, entered into a Revolving Credit Merchant Agreement (“Agreement”) with General Electric Capital Corporation (“GECC”) of New York. Pursuant to the Agreement, Craigs agreed to sell to GECC certain of its private label credit card accounts .with customers of the retañ stores it owned and operated. Customers of the Craigs stores would purchase merchandise using the “Craigs” credit cards and Craigs would then seU these accounts, including their outstanding balances, to GECC. The agreement aüowed GECC to coüeet and…
2Cases cited17 opinions
- Thomason v. NachtriebCourt of Appeals for the Seventh Circuit · 1989
- Wards Company, Inc. v. Stamford Ridgeway Associates and Trim Fashions, Inc., Stamford Ridgeway AssociatesCourt of Appeals for the Second Circuit · 1985
- Jones v. JenkinsWisconsin Supreme Court · 1979
- Katze v. Randolph & Scott Mutual Fire InsuranceWisconsin Supreme Court · 1984
- Borchardt v. WilkCourt of Appeals of Wisconsin · 1990
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