Grumman Credit Corp. v. Rippee

MEMORANDUM OF DECISION

ORMA R. SMITH, District Judge.

This action is before the court upon the motion of the counterdefendant, Gulf-stream American Corporation, to dismiss the counterclaim by the defendants, Bobby E. Rippee and Richard J. Slater. The counterclaim of the defendants was filed on September 14,1979, and the counterdefendant’s motion was filed on December 10,1979. All of the issues have been fully briefed by counsel for both parties, and the motion is now ready for this court’s disposition.

The pleadings in this action reveal that in 1977, defendants, Rippee and Slater, agreed to…