Legal Opinion

General Electric Capital Corp. v. East Coast Yacht Sales Inc.

District Court, E.D. Pennsylvania

Decided March 1, 1991No. Civ. A. 91-0664PublishedCited by 5 opinions

1Opinion of the Court

MEMORANDUM

ROBERT F. KELLY, District Judge.

The Plaintiff in this diversity action, General Electric Capital Corporation, extended financing to the Defendant, East Coast Yacht Sales, Inc. (“East Coast”). The extension of funds was personally guarantied by ten individuals, all Defendants, and was secured by certain collateral, five yachts, all of which are located in New Jersey. Upon East Coast’s default of its obligation, Plaintiff filed a complaint in this court seeking recovery of all amounts due from the Defendants, and an injunction prohibiting Defendants from selling, moving or otherwise…

2Cases cited5 opinions

  1. Hanson v. DencklaSupreme Court of the United States · 1958
  2. In Re School Asbestos Litigation. Kaiser Gypsum Company, Inc. v. The Honorable James McGirr Kelly, Nominal and Barnwell School District No. 45, in Re School Asbestos Litigation. United States Gypsum Company v. The Honorable James McGirr Kelly, Nominal and Barnwell School District No. 45, School District of Lancaster, Manheim Township School District, Lampeter-Strasburg School District, Board of Education of the Memphis City Schools, and a Conditionally Certified Class, in Re School Asbestos Litigation. Fibreboard Corporation v. The Honorable James McGirr Kelly, Nominal and Barnwell School District No. 45, School District of Lancaster, Manheim Township School District, Lampeter-Strasburg School District, Board of Education of the Memphis City Schools, and a Conditionally Certified Class, in Re School Asbestos Litigation. W.R. Grace & Co. v. The Honorable James McGirr Kelly, Nominal and Barnwell School District No. 45, School District of Lancaster, Manheim Township School District, Lampeter-Strasburg School District, Board of Education of the Memphis City Schools, and a Conditionally Certified ClassCourt of Appeals for the Third Circuit · 1990
  3. County Construction Co. v. Livengood Construction Corp.Supreme Court of Pennsylvania · 1958
  4. Whitmer v. WhitmerSuperior Court of Pennsylvania · 1976
  5. Minichiello Realty Associates, Inc. v. BrittDistrict Court, D. New Jersey · 1978

3Cited by5 opinions

  1. Hallaba v. Worldcom Network Services Inc.District Court, N.D. Oklahoma · 2000
  2. Kingsborough v. Sprint Communications Co., LpDistrict Court, D. Massachusetts · 2009
  3. BROWN v. WILLIAMSDistrict Court, D. New Jersey · 2024
  4. Tap Rock Resources LLC v. Marathon Oil Permian LLCDistrict Court, S.D. Texas · 2023
  5. Tap Rock Resources LLC v. Marathon Oil Permian LLCDistrict Court, D. New Mexico · 2023

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