(DOWNLOAD) "Greatamerica Leasing Corp. v. Star Photo Lab" by In the Court of Appeals of Iowa " Book PDF Kindle ePub Free
eBook details
- Title: Greatamerica Leasing Corp. v. Star Photo Lab
- Author : In the Court of Appeals of Iowa
- Release Date : January 29, 2003
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 69 KB
Description
GreatAmerica Leasing Corporation, as the assignee of a finance lease, appeals a district court ruling affirming a small claims judgment in favor of the lessee, Star Photo Lab, Inc., which dismissed GreatAmerica's claim for balance due under a lease. REVERSED AND REMANDED. This discretionary review action presents a question of first-impression in Iowa, namely, the validity and enforceability of what is known as a ""hell or high water"" provision contained in a financing lease agreement. We conclude the provision conforming to Iowa Code section 554.13407 (2001) controls the resolution of this case and therefore reverse and remand for further proceedings.