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WINTHROP RESOURCES CORP. v. STANLEY WORKS

No. 00-2867.

259 F.3d 901 (2001)

WINTHROP RESOURCES CORPORATION, A Minnesota Corporation, Appellant, v. The STANLEY WORKS, a Connecticut Corporation, Appellee.

United States Court of Appeals, Eighth Circuit.

Filed: August 1, 2001.

Attorney(s) appearing for the Case

Barbara Podlucky Berens, argued, Minneapolis, MN (Erin K. Fogarty Lisle, on the brief), for appellant.

Patricia E. Reilly, argued, New Haven, CT (Thomas F. Nelson, David R. Crosby, on the brief), for appellee.

Before: MORRIS SHEPPARD ARNOLD, BRIGHT, and BYE, Circuit Judges.

MORRIS SHEPPARD ARNOLD, Circuit Judge.

In 1991, The Stanley Works guaranteed a lease of computer equipment from Winthrop Resources Corporation to Taylor Rental Corporation and its successive assignees, which came to include General Rental, Inc. (GR). Following GR's default on lease payments for equipment rented in 1996 and 1997, Winthrop sued to collect the debt from Stanley. After a bench trial, the district court1 held that the defaulted...

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