How cited: Wiskup v. Liberty Buick Co., Inc. · Go Syfert

Wiskup v. Liberty Buick Co., Inc. (1997)

green · 50 citation events across 15 courts. Showing the 17 strongest citers on record (one row per citing case, strongest signal kept).
Treatment trajectory · 1997 → 2026 · click a year to view the case as of then
199720112026
Rule Authority · D. Conn. · 3 citations in this opinion
April 1, 1998) (“UCC § 9-207 does not apply to [automobile] lease deposits”); Wiskup v. Liberty Buick Co., 953 F.Supp. 958, 973 (N.D.Ill.1997); Steinmetz v. Toyota Motor Credit Corp., 963 F.Supp. 1294, 1304 (E.D.N.Y.1997).
Rule Authority · Ill. App. Ct. · 3 citations in this opinion
Assuming arguendo section 9-207 of the Illinois UCC can be interpreted as plaintiffs urge, namely, that money given as a security deposit in connection with an automobile lease may constitute "collateral" creating a "security interest" within the meaning of the UCC (see 810 ILCS 5/9-104 (listing transactions which are excluded from Article 9, none of which are applicable here); 810 ILCS 5/9-304(1) (security interest in money can be perfected by the secured party's taking pos…
characterizing as "strong" plaintiff's argument that automobile lease security deposits fall squarely within the definition of a security interest
Rule Authority · Ill. App. Ct. · 3 citations in this opinion
Assuming arguendo section 9 — 207 of the Illinois UCC can be interpreted as plaintiffs urge, namely, that money given as a security deposit in connection with an automobile lease may constitute “collateral” creating a “security interest” within the meaning of the UCC (see 810 ILCS 5/9 — 104 (West 1996) (listing transactions which are excluded from article 9, none of which are applicable here); 810 ILCS 5/9 — 304(1) (West 1996) (security interest in money can be perfected by …
characterizing as “strong” plaintiffs argument that automobile lease security deposits fall squarely within the definition of a security interest
Rule Authority · D.D.C. · 2 citations in this opinion
Section 1615(b), entitled “Use of ‘Rule of 78’s’ prohibited,” obligates a lender to calculate the amount of the refund using “a method which is at least as favorable to the consumer as the actuarial method.” The Rule of 78s, also known as the sum-of-the-digits or direct-ratio method, is “a shorthand means of determining the interest earned at any point in the term of a credit purchase.” Wiskup v. Liberty Buick Co., Inc., 953 F.Supp. 958, 968 (N.D.Ill.1997).
Rule Authority · D.D.C.
Motors, 169 F.Supp.2d 49, 52 (D.Conn.2001) (apply *9 ing Connecticut state law); Wiskup v. Liberty Buick Co., Inc., 953 F.Supp. 958, 971-73 (N.D.Ill.1997) (applying Illinois law); Yeager v. Gen.
Rule Authority · S.D.N.Y.
August 7, 1997); Wiskup v. Liberty Buick Co., 953 F.Supp. 958, 966 (N.D.Ill.1997); Gaydos v. Huntington Nat'l Bank, 941 F.Supp. 669, 677 (N.D.Ohio 1996).
Rule Authority · N.D. Ill.
Wiskup v. Liberty Buick Co., Inc., 953 F.Supp. 958, 973 (N.D.Ill.1997).
Cited (see also) · 2d Cir. · signal: see also · 3 citations in this opinion
Apparently, all but one court to have considered this claim have come to this conclusion. 5 Furthermore, as the CLA’s statement of purpose and applicable FRB guidelines make clear, the “other charges” disclosure is meant “[t]o limit the amount of balloon payments in consumer lease transactions.” 12 C.F.R. § 213.1 (b)(2); see also Wiskup v. Liberty Buick Co., 953 F.Supp. 958, 965 (N.D.Ill.1997) (Section 1667a(4) “[is] intended to prevent the lessor from unfairly surprising, t…
Cited (see also) · 11th Cir. · signal: see, e.g.
See, e.g., Wiskup v. Liberty Buick Co., 953 F.Supp. 958, 969 (N.D.Ill.1997).
Cited · 3rd Cir. · signal: see
See Wiskup v. Liberty Buick Co., Inc., 953 F.Supp. 958, 969 (N.D.Ill.1997) (“Given the wide variation among the states regarding the permissibility of the Rule of 78s, importing a state standard into the CLA would simply create confusion.”).
Cited · 3rd Cir. · signal: see
See Wiskup v. Liberty Buick Co., Inc., 953 F.Supp. 958, 969 (N.D.Ill.1997) ("Given the wide variation among the states regarding the permissibility of the Rule of 78s, importing a state standard into the CLA would simply create confusion.").
green State v. Larson (2000)
Cited · Minn. · signal: see · 3 citations in this opinion
See Wiskup v. Liberty Buick Co., Inc., 953 F.Supp. 958, 972 (N.D.Ill.1997); Comment, Interest on Security Deposits-Benefit or Burden to Tenant?, 26 UCLA L.Rev. 396, 400-1 (1978) (hereinafter Comment).
Cited · E.D. Ky. · signal: see · 2 citations in this opinion
See, Wiskup v. Liberty Buick Co., Inc., 953 F.Supp. 958, 972-73 (N.D.Ill.1997) (held that “the enactment of the UCC in Illinois had no discernible effect on the lessor's duties concerning the lessee’s security deposit” which is addressed by Illinois statute that was promulgated before the UCC was adopted in Illinois); Steinmetz v. Toyota Motor Credit Corporation, 963 F.Supp. 1294 (E.D.N.Y.1997) (held New York's version of U.C.C. § 9-207 does not apply to the security deposit…
Cited (see also) · S.D. Ohio · signal: see also
See also Wiskup v. Liberty Buick Co., 953 F.Supp. 958, 965 (N.D.Ill.1997) (explaining § 1667a(4) “[is] intended to prevent the lessor from unfairly surprising the lessee by imposing extra charges or liabilities on him”).
Cited · Ind. Ct. App. · signal: see
See Wiskup v. Liberty Buick Co., Inc., 953 F.Supp. 958 (N.D.Ill.1997).
Cited · Ala. · signal: see
See Wiskup v. Liberty Buick Co. , 953 F.Supp. 958 (N.D.I11.1997); Steinmetz v. Toyota Motor Credit Corp. , 963 F.Supp. 1294 (E.D.N.Y. 1997).
Cited (see also) · N.D. Ill. · signal: see also
Nonetheless, the court must balance “ ‘competing considerations of complete disclosure ... and the need to avoid ... [informational overload].’ ” Ford Motor Credit Co., 444 U.S. at 568 , 100 S.Ct. 790 (quoting S.Rep. 96-73, *1037 p. 3 (1979)) (brackets in original); see also Wiskup v. Liberty Buick Co., Inc., 953 F.Supp. 958, 965 (N.D.Ill.1997). “[T]he sufficiency of TILA-mandated disclosures is to be viewed from the standpoint of an ordinary consumer, not the perspective of…