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411.521 – Lessee’s right to specific performance or replevin.

411.521 Lessee’s right to specific performance or replevin. (1) Specific performance may be decreed if the goods are unique or may be decreed in other proper circumstances. (2) A decree for specific performance may include any terms and conditions as to payment of the rent, damages or other relief that the court considers just. (3) […]

411.522 – Lessee’s right to goods on lessor’s insolvency.

411.522 Lessee’s right to goods on lessor’s insolvency. (1) Subject to sub. (2) and even though the goods have not been shipped, a lessee who has paid a part or all of the rent and security for goods identified to a lease contract on making and keeping good a tender of any unpaid portion of […]

411.523 – Lessor’s remedies.

411.523 Lessor’s remedies. (1) If a lessee wrongfully rejects or revokes acceptance of goods or fails to make a payment when due or repudiates with respect to a part or the whole, then, with respect to any goods involved, and with respect to all of the goods if under an installment lease contract the value […]

411.524 – Lessor’s right to identify goods to lease contract.

411.524 Lessor’s right to identify goods to lease contract. (1) After default by the lessee under the lease contract of the type described in s. 411.523 (1) or (3) (a) or, if agreed, after other default by the lessee, the lessor may do any of the following: (a) Identify to the lease contract conforming goods […]

411.525 – Lessor’s right to possession of goods.

411.525 Lessor’s right to possession of goods. (1) If a lessor discovers that the lessee is insolvent, the lessor may refuse to deliver the goods. (2) After a default by the lessee under the lease contract of the type described in s. 411.523 (1) or (3) (a) or, if agreed, after other default by the […]

411.526 – Lessor’s stoppage of delivery in transit or otherwise.

411.526 Lessor’s stoppage of delivery in transit or otherwise. (1) A lessor may stop delivery of goods in the possession of a carrier or other bailee if the lessor discovers that the lessee is insolvent and may stop delivery of carload, truckload, planeload or larger shipments of express or freight if the lessee repudiates or […]

411.527 – Lessor’s rights to dispose of goods.

411.527 Lessor’s rights to dispose of goods. (1) After a default by a lessee under the lease contract of the type described in s. 411.523 (1) or (3) (a) or after the lessor refuses to deliver or takes possession of goods, or, if agreed, after other default by a lessee, the lessor may dispose of […]

411.529 – Lessor’s action for the rent.

411.529 Lessor’s action for the rent. (1) After default by the lessee under the lease contract of the type described in s. 411.523 (1) or (3) (a) or, if agreed, after other default by the lessee, if the lessor complies with sub. (2), all of the following apply: (a) For goods accepted by the lessee […]

411.530 – Lessor’s incidental damages.

411.530 Lessor’s incidental damages. Incidental damages to an aggrieved lessor include any commercially reasonable charges, expenses or commissions incurred in stopping delivery, in the transportation, care and custody of goods after the lessee’s default, in connection with return or disposition of the goods, or otherwise resulting from the default. History: 1991 a. 148.

411.531 – Standing to sue 3rd parties for injury to goods.

411.531 Standing to sue 3rd parties for injury to goods. (1) If a 3rd party so deals with goods that have been identified to a lease contract as to cause actionable injury to a party to the lease contract, all of the following apply: (a) The lessor has a right of action against the 3rd […]

411.532 – Lessor’s rights to residual interest.

411.532 Lessor’s rights to residual interest. In addition to any other recovery permitted by this chapter or other law, the lessor may recover from the lessee an amount that will fully compensate the lessor for any loss of or damage to the lessor’s residual interest in the goods caused by the default of the lessee. […]