Marine Midland Business Loans, Inc. v. Miami Trucolor Offset Service Co.

ORDER AFFIRMING BANKRUPTCY COURT

GOLD, District Judge.

This is an appeal from a final.summary judgment of the Bankruptcy Court entered on Miami Trueolor’s Verified Complaint for Declaratory and Injunctive Relief.

I. FACTS

The facts of this ease are largely undisputed as they arose from a stipulation between the parties.

The underlying agreements. On December 30, 1985, Miami Trucolor Offset Service Co., the debtor in this bankruptcy action, entered into a contract to lease computer-related equipment from Marine Midland 1 . Incident to this transaction, Melton, then the president of Miami Trucolor,…