VENNEMAN v. BMW FINANCIAL SERVICES NA, LLC

Civil Action No. 09-5672(ES).

990 F.Supp.2d 468 (2013)

W. Dana VENNEMAN and Theodore Collins, on behalf of themselves and all others similarly situated, Plaintiffs, v. BMW FINANCIAL SERVICES NA, LLC and Financial Services Vehicle Trust, Defendants.

United States District Court, D. New Jersey.

December 30, 2013.


Attorney(s) appearing for the Case

Michael John Debenedictis , Debenedictis & Debenedictis LLC, Haddonfield, NJ, Thomas T. Booth, Jr. , Law Offices of Thomas T. Booth, Jr., LLC, Voorhees, NJ, for Plaintiffs.

Ryan L. Di Clemente , Saul Ewing LLP, Princeton, NJ, for Defendants.


OPINION

SALAS, District Judge.

Pending before this Court are the parties' cross motions for partial summary judgment. (D.E. Nos. 59, 60). The issue is whether the capitalized cost reduction payments ("CCR") paid by Plaintiffs W. Dana Venneman ("Venneman") and Theodore Collins ("Collins") (collectively, "Plaintiffs") at the inception of their automotive leases constitute rent paid in advance under the Servicemembers Civil Relief Act ("SCRA"), codified...

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