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APPLIANCE BUYERS CREDIT CORP. v. PROSPECT NAT. BANK

No. 82-1808.

708 F.2d 290 (1983)

APPLIANCE BUYERS CREDIT CORPORATION, Plaintiff-Appellant, v. PROSPECT NATIONAL BANK OF PEORIA, Defendant and Third Party Plaintiff-Appellee, and Federal Reserve Bank of Chicago, Third Party Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided May 24, 1983.

Attorney(s) appearing for the Case

Robert D. Jackson, Westervelt, Johnson, Nicoll & Keller, Peoria, Ill., for plaintiff-appellant.

Charles G. Roth, Kavanagh, Scully, Sudow, White & Frederick, Peoria, Ill., for defendant and third party plaintiff-appellee.

Before CUDAHY, COFFEY, and TIMBERS, Circuit Judges.

COFFEY, Circuit Judge.

This is an appeal from the district court's dismissal of the plaintiff's claim under section 4-212 of the Uniform Commercial Code on the grounds that the plaintiff failed to establish its damages. Affirmed.

The Appliance Buyers Credit Corporation, a Delaware corporation with its principal place of business in Michigan, is a finance company that provides wholesale "floor-plan financing" to appliance dealers.1

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