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HOFFMAN v. GENERAL MOTORS ACCEPTANCE CORP.

No. 85-2936.

814 F.2d 1385 (1987)

Johnny O. HOFFMAN and Elizabeth Hoffman, his wife; and Claude Pitrat as Trustee for Hoffman Buick-GMC, Inc., an Arizona corporation, Plaintiffs-Appellants, v. GENERAL MOTORS ACCEPTANCE CORPORATION, Defendant-Appellee.

United States Court of Appeals, Ninth Circuit.

Decided April 15, 1987.

Attorney(s) appearing for the Case

Nick Rayes, Phoenix, Ariz., for plaintiffs-appellants.

Jeffrey R. Brooke and Paul G. Cereghini, Phoenix, Ariz., Richard E. Norling, Phoenix, Ariz., for defendant-appellee.

Before CHOY, GOODWIN and PREGERSON, Circuit Judges.

PER CURIAM:

Plaintiff Hoffman Buick-GMC appeals a summary judgment for General Motors Acceptance Corporation. We affirm.

Johnny and Elizabeth Hoffman owned Hoffman Buick-GMC, a General Motors Corporation (GMC) franchise. Hoffman Buick entered into a financing contract with General Motors Acceptance Corporation (GMAC), a wholly-owned subsidiary of GMC. The contract provided Hoffman-Buick a $300,000 line of credit to finance its purchase of new GMC cars for...

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