Dick Warner Cargo Handling Corporation, Cross-Appellee v. Aetna Business Credit, Inc., Cross-Appellant

FRIENDLY, Circuit Judge:

This troubling case, a diversity action removed from a Connecticut state court, is here for the second time. See 700 F.2d 858 (2d Cir.1983). Although the facts are stated in Judge Blumenfeld’s first opinion, 538 F.Supp. 1049 (D.Conn.1982), and in this court’s opinion on the appeal therefrom, they must be recapitulated in summary fashion.

On April 10, 1979, Aetna and Best Banana entered into a financing arrangement evidenced by a General Loan and Security Agreement, an Accounts Receivable Rider, a further Rider, and a Continuing Letter of Credit Agreement (collectively,…