P. I. C. Leasing, Inc. v. Roy A. Scheperle Construction Co.
Missouri Court of Appeals · 1972-12-18 · cited 10×
This case involved a tripartite lease transaction in which P.I.C. Leasing purchased and leased two-way radio equipment to Roy A. Scheperle Construction Co. after the construction company had negotiated directly with supplier Harold Hawken. Scheperle refused further lease payments, claiming the equipment was defective and unfit for use, and P.I.C. sued to recover the full amount due under the lease while also repossessing the equipment. Scheperle asserted affirmative defenses, filed a counterclaim against P.I.C. for return of its deposit and alleged roof damage during repossession, and brought a third-party claim against Hawken. The trial court entered findings and judgment for P.I.C. on its petition and against Scheperle on the third-party petition. On appeal, the court held that the judgment was final despite not expressly addressing the counterclaim, as one element had been resolved in the main judgment and the roof-damage claim had been abandoned, and it affirmed the judgment for P.I.C. after deeming unresolved factual issues in accordance with the trial result.