Finova Capital Corp. v. Ryan Helicopters U.S.A., Inc.
Court of Appeals for the Seventh Circuit
1Opinion of the Court
CUDAHY, Circuit Judge.
This diversity action involves a dispute over the ownership of two helicopters located on the Island of St. Lucia in the British West Indies. The helicopters were leased by Ryan Helicopters USA from Ro-torcraft Partnership Ltd. and operated on St. Lucia by Ryan’s subsidiary, St. Lucia Helicopters Ltd. When the deal turned sour, Ryan and St. Lucia Helicopters sued Rotorcraft in the High Court of St. Lucia. Some months later, Finova Corporation, a financing company that had succeeded to the rights of Rotorcraft, filed this action in the district court naming Ryan and St.…
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