Legal Opinion
Beneficial Commercial Corp. v. Railserv Management Corp.
District Court, E.D. Pennsylvania
Decided April 20, 1983No. Civ. A. 82-3948PublishedCited by 7 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
BECHTLE, District Judge.
Presently before the Court in this diversity action on a loan default are the plain tiff’s motion for summary judgment and for dismissal of defendants’ counterclaims, and third-party defendant’s motion to dismiss the third-party complaint. For the reasons set out below, both plaintiff’s and third-party defendant’s motions will be granted.
I. FACTS
On February 18, 1981, defendants Railserv Management Corporation (“Railserv”) and American Railcar Exchange, Inc. (“American”) executed a loan and security agreement with plaintiff Beneficial Commercial…
2Cases cited6 opinions
- Owen Equipment & Erection Co. v. KrogerSupreme Court of the United States · 1978
- Rodriguez v. Compass Shipping Co.Supreme Court of the United States · 1981
- Frederico Rodriguez v. Compass Shipping Co. Ltd. And Djakarta Lloyd, P.N.Court of Appeals for the Second Circuit · 1980
- Federal Laboratories, Inc. v. Barringer Research Limited and Intex, Inc. Appeal of Barringer Research LtdCourt of Appeals for the Third Circuit · 1982
- Talmadge v. United States Shipping Board, Emergency Fleet Corp.Court of Appeals for the Second Circuit · 1931
1 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Block v. Seneca Mortgage ServicingDistrict Court, D. New Jersey · 2016
- In Re Riverside Nursing HomeUnited States Bankruptcy Court, S.D. New York · 1984
- MHI SHIPBUILDING, LLC v. National Fire Ins. Co. of HartfordDistrict Court, D. Massachusetts · 2002
- Crown Life Insurance Co. v. American National Bank & Trust Co. of ChicagoDistrict Court, N.D. Illinois · 1993
- Beneficial Commercial Corporation v. Railserv Management CorporationCourt of Appeals for the Third Circuit · 1984
2 more not listed; retrieve them via the Exa API.