Itt Industrial Credit Co. v. L-P Gas Equipment, Inc.

MEMORANDUM OPINION

DAUGHERTY, District Judge.

This action arises from the failure of Defendants L-P Gas Equipment, Inc. (hereinafter referred to as L. P. Gas Equipment) and Otis Milford Scroggins, Jr., a/k/a Mel Scroggins, to remit to Plaintiff proceeds from the sale of several large propane storage tanks. Plaintiff asserts that the Defendants’ failure to remit these proceeds to the Plaintiff constitutes a breach of contract and a tortious conversion of Plaintiff’s personal property. This Court has jurisdiction of the matter by reason of diversity of citizenship and amount in controversy…