Donald D. Forsht Associates, Inc. v. Transamerica ICS, Inc.

HENDERSON, Senior Circuit Judge:

These consolidated appeals challenge the judgment of the United States District Court for the Southern District of Florida in which the court held that the appellees, First Greyhound Leasing Company and Greyhound Leasing & Financial Corporation (“Greyhound”), were not liable to either of the appellants for their proportionate share of certain administrative expenses incurred in an earlier proceeding. For the reasons hereinafter stated, we reverse the district court’s judgment as to the potential liability of Greyhound to the appellants, Transamerica ICS, Inc.…