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HIGHSMITH v. CHRYSLER CREDIT CORP.

No. 93-1402.

18 F.3d 434 (1994)

Kelvin HIGHSMITH, Marcita Highsmith, and Joseph Villasenor, Plaintiffs-Appellants, v. CHRYSLER CREDIT CORPORATION, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided March 8, 1994.

Attorney(s) appearing for the Case

Francine Schwartz, Michael B. Hyman, Much, Shelist, Freed, Denenberg & Ament, Robert J. Adams, Daniel A. Edelman (argued), Cathleen M. Combs, Tara G. Redmond, J. Eric Vander Arend, Edelman & Combs, Chicago, IL, for plaintiffs-appellants.

Dawn L. Haghighi, Hinshaw & Culbertson, Chicago, IL, Daniel F. Gosch, Detroit, MI, Robert E. Kinchen, Dickinson, Wright, Moon, Van Dusen & Freeman, James C. Schroeder, Lynne M. Raimondo (argued), Victoria R. Collado, Mayer, Brown & Platt, Chicago, IL, for defendant-appellee.

Before WOOD, Jr., CUDAHY, and EASTERBROOK, Circuit Judges.

HARLINGTON WOOD, Jr., Circuit Judge.

The plaintiffs in this case entered into consumer automobile leases with the defendant, Chrysler Credit Corporation ("Chrysler"). The leases specified that in the event of default or early termination the lessees would be liable for early termination charges calculated in accordance with the provisions in the leases. The plaintiffs filed suit against Chrysler alleging that the early termination charges were unenforceable under...

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