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LINC EQUIP. SERVICES v. SIGNAL MEDICAL SERVICES

No. 01-3449.

319 F.3d 288 (2003)

LINC EQUIPMENT SERVICES, INC., Plaintiff-Appellant, v. SIGNAL MEDICAL SERVICES, INC., Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided February 5, 2003.

Rehearing Denied March 11, 2003.

Attorney(s) appearing for the Case

Vincent T. Borst, D. Alexander Darcy (argued), Askounis & Borst, Chicago, IL, for Plaintiff-Appellant.

James T. Ferrini, Barbara I. Michaelides (argued), Clausen Miller, Chicago, IL, for Defendant-Appellee.

Before EASTERBROOK, MANION, and EVANS, Circuit Judges.

EASTERBROOK, Circuit Judge.

Signal Medical leased from Linc Equipment a mobile magnetic resonance imager (MRI), an expensive device that had a monthly net rental in the $30,000 range. (The "net" signifies that Signal covered expenses, including insurance and taxes, on top of the $30,000.) Signal promised to return the MRI at the end of the lease in good condition, less normal wear and tear. Signal, which like Linc is a merchant in the business of renting medical equipment...

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