Legal Opinion

Port Distributing Corp. v. Pflaumer

District Court, S.D. New York

Decided March 21, 1995No. 92 Civ. 5514 (LAP)PublishedCited by 13 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

PRESKA, District Judge.

Plaintiff, Port Distributing Corp. (“Port”), brought this action to compel payment of $560,000.00, together with 19% interest from October 1, 1991 based upon a guaranty executed by the defendant, William Pflaumer (“Pflaumer”). Port has moved for summary judgment. Defendant opposes this motion and has cross-moved for summary judgment, arguing that Port impaired the collateral that secured the guaranteed obligation, thereby discharging the guarantor. Upon reviewing the record and the parties’ submissions, I find defendant’s arguments persuasive and…

2Cases cited42 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
  4. United States v. Diebold, Inc.Supreme Court of the United States · 1962
  5. Carol A. Gallo v. Prudential Residential Services, Limited Partnership, Doing Business as Prudential Relocation ManagementCourt of Appeals for the Second Circuit · 1994

37 more not listed; retrieve them via the Exa API.

3Cited by13 opinions

  1. Shurlow v. BonthuisMichigan Supreme Court · 1998
  2. Musso v. Brooklyn Navy Yard Development Corp. (In Re Westchester Tank Fabricators, Ltd.)United States Bankruptcy Court, E.D. New York · 1997
  3. Port Distributing Corp. v. William PflaumerCourt of Appeals for the Second Circuit · 1995
  4. Chicago Ins. Co. v. Kreitzer & VogelmanDistrict Court, S.D. New York · 2003
  5. In Re Jamesway Corp.United States Bankruptcy Court, S.D. New York · 1996

8 more not listed; retrieve them via the Exa API.

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