Legal Case Summary

Finova Capital Corp. v. Richard A. Arledge


Date Argued: Tue Dec 09 2008
Case Number: 07-16384
Docket Number: 7851041
Judges:Tashima, Fletcher, Berzon
Duration: 47 minutes
Court Name: Court of Appeals for the Ninth Circuit

Case Summary

**Case Summary: Finova Capital Corp. v. Richard A. Arledge** **Docket Number:** 7851041 **Court:** [Specify the relevant court, e.g., U.S. District Court, State Court, etc.] **Date:** [Insert relevant dates] **Parties Involved:** - **Plaintiff:** Finova Capital Corp. - **Defendant:** Richard A. Arledge **Background:** Finova Capital Corp. is a financial services corporation that provides various forms of credit and financing to individuals and businesses. The case involves a dispute between Finova and Richard A. Arledge concerning a financial agreement that had been entered into by the parties. **Facts:** 1. Finova Capital provided financing to Richard A. Arledge under specific terms and conditions outlined in a loan agreement. 2. Arledge allegedly failed to comply with the terms of the agreement, leading to default on payments and other obligations. 3. Finova Capital sought to enforce the terms of the agreement, claiming damages and seeking recovery of the outstanding balance owed. **Issues:** The primary legal issues in this case include: - Whether Richard A. Arledge was in breach of contract regarding the loan agreement with Finova Capital Corp. - What damages, if any, Finova is entitled to as a result of the alleged breach. **Court's Ruling:** [Insert the ruling or decision made by the court if available. If the case is ongoing, you may mention that the court has yet to issue a final ruling.] **Conclusion:** The case of Finova Capital Corp. v. Richard A. Arledge centers on the enforcement of contractual obligations in a financing arrangement. The outcome may hinge on interpretations of the contract terms, evidence presented regarding the alleged default, and the application of relevant laws pertaining to breach of contract. **Notes:** For further details, it is important to review court documents, analysis of legal arguments, and any potential implications of the ruling on similar cases. [This summary is intended for informational purposes only and does not constitute legal advice.]

Finova Capital Corp. v. Richard A. Arledge


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