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BARNETT v. BORG-WARNER ACCEPTANCE CORP.

No. LR-C-80-68.

488 F.Supp. 786 (1980)

Donald E. BARNETT, Erma L. Barnett, and Woody's Camper Sales, Inc., Plaintiffs, v. BORG-WARNER ACCEPTANCE CORPORATION, a Delaware Corporation, Defendant.

United States District Court, E. D. Arkansas, W. D.

April 18, 1980.

Attorney(s) appearing for the Case

David E. Smith, Bryant, Ark., for plaintiffs.

Byron Freeland, Little Rock, Ark., for defendant.

MEMORANDUM OPINION

HENRY WOODS, District Judge.

FACTS

The plaintiff, Woody's Camper Sales, Inc., is engaged in the retail sale of motor vehicle campers at a location on the outskirts of Little Rock, Arkansas. For the past ten years plaintiff's operations and inventory have been financed by Borg-Warner Acceptance Corporation under a floor-plan arrangement. Borg-Warner pays the camper manufacturer its invoice price (less a discount rate which varies...

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