In Next Gen Capital v. Consumer Lending Associates, payday lender Consumer Lending Associates, “CLA” was sued by its landlord, Next Gen Capital over unpaid rent.  Once the payday lending statutes expired in 2010, CLA vacated its offices, declaring that its lease had expired by “operation of law”.  The landlord sued and won and CLA appealed.  CLA argued that its apparent breach of the lease was excused by the doctrine of ‘frustration of purpose’.  The Court of Appeals went no further in its analysis than to explain that at the time that CLA entered the lease, the payday loan statutes were already subject to a sunset provision, meaning they would automatically expire, in 2010, unless legislative action was taken to save them from expiration.  The Court of Appeals ruled that CLA was charged with that knowledge and thus could not claim that the expiration of the payday loan statutes somehow caught it unawares in 2010.  As a result the Court of Appeals affirmed a judgment against CLA for over $140,000.00 in unpaid rent.