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NIELSEN v. MFT LEASING

No. 17522.

656 P.2d 454 (1982)

David L. NIELSEN and Garwood H. Walton, Plaintiffs and Respondents, v. MFT LEASING, et al., Defendants and Appellants.

Supreme Court of Utah.

November 9, 1982.

Attorney(s) appearing for the Case

Robert S. Howell, Michael Z. Hayes, Salt Lake City, for defendants and appellants.

W. Scott Barrett, Logan, for plaintiffs and respondents.

STEWART, Justice:

In this action plaintiffs David Nielsen and Garwood Walton sued MFT Leasing Company (MFT) to rescind a lease of computer equipment for failure of consideration. Nielsen and Walton also sued Dr. Marvin Pursinger and Pursinger Company, Inc. for damages based on fraud in inducing plaintiffs to enter into the lease agreement. Defendants Pursinger and Pursinger Company did not answer the complaint, and a default judgment was entered against them. They...

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