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M&M AUTO OUTLET v. HILL INVESTMENT CORPORATION

No. S-09-0160.

2010 WY 56

M&M AUTO OUTLET, a Wyoming Corporation, Appellant (Defendant), v. HILL INVESTMENT CORPORATION, a Colorado Corporation, d/b/a First Financial, Inc., Appellee (Plaintiff).

Supreme Court of Wyoming. APRIL TERM, A.D. 2010.

April 28, 2010.

Attorney(s) appearing for the Case

Representing Appellant: Stephen R. Winship of Winship & Winship, P.C., Casper, Wyoming.

Representing Appellee: Richard D. Bush, David Evans and John A. Coppede of Hickey & Evans, LLP, Cheyenne, Wyoming.

Before VOIGT, C.J., and GOLDEN, HILL, KITE, and BURKE, JJ.

KITE, Justice.

[¶1] M&M Auto Outlet (M&M) and Hill Investment Corporation, doing business as First Financial, Inc., (FFI) entered into a contract in which FFI agreed to purchase vehicle loans from M&M and perform collection activities on the loans at its expense. In the event an M&M customer became delinquent on a loan, the contract provided that M&M would pay FFI the "full recourse amount." Alleging that M&M failed to pay the full recourse...

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