Quimbee logo
DMCA.com Protection Status

Specialty Tires of America v. CIT Group/Equipment Financing

82 F. Supp. 2d 434 (2000)

Case BriefRelatedOptions
From our private database of 33,600+ case briefs...

Specialty Tires of America v. CIT Group/Equipment Financing

United States District Court for the Western District of Pennsylvania

82 F. Supp. 2d 434 (2000)

Facts

The CIT Group/Equipment Financing, Inc. (CIT) (defendant) leased 11 large tire presses to Condere Corporation (Condere). Condere declared bankruptcy and defaulted on the lease. CIT contracted to sell the presses to Specialty Tires of America, Inc. (Specialty) (plaintiff). The three companies discussed the physical relocation of the presses from Condere’s plant to Specialty’s plant. Then, unexpectedly, Condere claimed that it was entitled to retain the presses and refused to release them to Specialty. No one could predict or control how soon the bankruptcy court would decide the merits of Condere’s claim. Specialty sued CIT in federal district court for breach of contract, and CIT sued Condere for wrongfully retaining possession. Both Specialty and CIT moved for summary judgment.

Rule of Law

Issue

Holding and Reasoning (Smith, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 602,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials
  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 602,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 33,600 briefs, keyed to 984 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 602,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 33,600 briefs - keyed to 984 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership