Legal Opinion

Depositors Trust Co. v. Hudson General Corp.

District Court, E.D. New York

Decided March 13, 1980No. 75 C 1760PublishedCited by 15 opinions

1Opinion of the Court

MEMORANDUM OF DECISION AND ORDER

NEAHER, District Judge.

Depositors Trust Company of Augusta, Maine (“DTC”), a Maine banking corporation, sues to recover $123,169.90 allegedly due pursuant to a guaranty agreement from Hudson General Corporation (“HGC”), a Delaware corporation with a principal office in Great Neck, New York. Since the undisputed facts involved are rather complex, an understanding of the issues presented requires a detailed narration of certain business transactions which gave rise to the parties’ controversy.

Background Facts

On January 25, 1972, HGC gave DTC a guaranty of payment…

2Cases cited37 opinions

  1. Bernhardt v. Polygraphic Co. of America, Inc.Supreme Court of the United States · 1956
  2. Wallace G. Frederick v. United StatesCourt of Appeals for the Fifth Circuit · 1967
  3. 67 Wall Street Co. v. Franklin National BankNew York Court of Appeals · 1975
  4. Elias Siegelman, Individually, and as Administrator of the Estate of Eva Siegelman, Deceased v. Cunard White Star LimitedCourt of Appeals for the Second Circuit · 1955
  5. United States v. Duane G. Willis and Mary J. WillisCourt of Appeals for the Sixth Circuit · 1979

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3Cited by15 opinions

  1. Hassett v. Revlon, Inc. (In Re O. P. M. Leasing Services, Inc.)United States Bankruptcy Court, S.D. New York · 1982
  2. Vantage Point, Inc. v. Parker Bros., Inc.District Court, E.D. New York · 1981
  3. Federal Deposit Insurance Corporation v. Steven M. RaymanCourt of Appeals for the Seventh Circuit · 1997
  4. Barclays Bank of New York v. GoldmanDistrict Court, S.D. New York · 1981
  5. Compagnie Financiere de CIC et de L'Union Europeenne v. Merrill Lynch, Pierce, Fenner & Smith Inc.Court of Appeals for the Second Circuit · 1999

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