CHASE MANHATTAN BANK, N.A. v. CLUSIAU SALES

No. 51599.

308 N.W.2d 490 (1981)

CHASE MANHATTAN BANK, N.A. NEW YORK, NEW YORK, Appellant, v. CLUSIAU SALES & RENTAL, INC., Respondent.

Supreme Court of Minnesota.

July 24, 1981.


Attorney(s) appearing for the Case

Warren H. Anderson, Grand Rapids, for appellant.

Murphy, Lano & Kalar, Grand Rapids, for respondent.

Considered and decided by the court en banc without oral argument.


YETKA, Justice.

In this action brought by plaintiff bank against defendant Clusiau to recover $9,197.50, allegedly due under a lease of pipebending equipment assigned by the lessor, Scotti Muffler Company, to the bank, the trial court determined that defendant was entitled to rescind the lease because Scotti had violated Minnesota's franchise act by offering defendant an "Exclusive Dealership Trademark and License Agreement," of which the lease was a part, and that...

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