United States Eighth Circuit

District court did not err in interpreting the default provisions of the parties' computer equipment lease or in finding defendant in default for failing to make timely payments; casualty loss provision of the lease was an enforceable liquidated-damages provision rather than an impermissible penalty clause.

Appellate Information

• Decided 03/11/2004
• Published 03/11/2004

Judges

• SMITH, Circuit Judge., Before RILEY, HEANEY, and SMITH, Circuit Judges.

Court

• United States Eighth Circuit

Counsel

• For Appellant:
  
• Counsel who presented argument on behalf of the appellant was Michael H. Schaalman, Milwaukee, WI. Additional attorney appearing on the brief was O. Thomas Armstrong.


• For Appellees:
  
• Counsel who presented argument on behalf of the appellee was Thomas H. Boyd, St. Paul, MN. Additional attorney appearing on the brief was Jeffrey R. Ansel, Matthew R. McBride and Justice E. Lindell.