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AMERICAN INDUSTRIAL LEASING CO. v. GEIGER

No. 83-187.

118 Wis.2d 140 (1984)

345 N.W.2d 527

AMERICAN INDUSTRIAL LEASING COMPANY, a Delaware corporation, Plaintiff-Appellant, v. Sterling GEIGER and Judith Geiger, individually and d/b/a Silver Acre Farms, Defendants-Respondents.

Court of Appeals of Wisconsin.

Decided February 24, 1984.

Attorney(s) appearing for the Case

For the plaintiff-appellant the cause was submitted on the briefs of Thomas P. Shannon, Diane Slomowitz, Bruce C. O'Neill and Fox, Carpenter, O'Neill & Shannon, S.C. of Milwaukee.

For the defendants-respondents the cause was submitted on the briefs of Roy N. Fine and Molbreak Law Office of Madison.

Brief of amicus curiae was filed by Boardman, Suhr, Curry & Field of Madison on behalf of Wisconsin Bankers Association.

Before Dykman, J., Decker, J. and Gordon Myse, Reserve Judge.

DYKMAN, J.

Plaintiff American Industrial Leasing Company appeals from a declaratory judgment which held that the Wisconsin Consumer Act (WCA) was applicable to a consumer lease where the amount payable over the term of the lease exceeded $25,000. We reverse the judgment.

On July 3, 1981, American Industrial entered into a lease agreement with defendant Sterling Geiger, under which American Industrial was to purchase...

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