Legal Opinion

Property Acceptance Corp. v. Zitin

District Court, E.D. Pennsylvania

Decided September 26, 2005No. Civ.A. 04-3920PublishedCited by 1 opinion

1Opinion of the Court

MEMORANDUM AND ORDER

MCLAUGHLIN, District Judge.

This dispute stems from a 1984 loan agreement (the “Note”) between the Sandy Mac Food Company and the Corporation for Business Assistance in New Jersey (“CBANJ”) that was guaranteed by Merton H. Zitin, Robert M. Zitin and Michael Zitin (the “Zitins”). The Note called for Sandy Mac to make monthly installment payments to CBANJ for a period of twenty-five years. Property Acceptance Corporation, a successor in interest to CBANJ, seeks to recover the remaining balance of the Note plus interest from the Zitins.

Both parties filed motions for summary…

2Cases cited11 opinions

  1. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  2. Bay Area Laundry & Dry Cleaning Pension Trust Fund v. Ferbar Corp. of California, Inc.Supreme Court of the United States · 1997
  3. Ted JOSEY, Appellant, v. JOHN R. HOLLINGSWORTH CORPORATION, AppelleeCourt of Appeals for the Third Circuit · 1993
  4. n.sidney Nyhus v. Travel Management CorporationCourt of Appeals for the D.C. Circuit · 1972
  5. Federal Deposit Insurance Corporation v. HinksonCourt of Appeals for the Third Circuit · 1988

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3Cited by1 opinion

  1. Stocking v. SimonovichDistrict Court, D. Utah · 2022

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