Legal Opinion

Beconta, Inc. v. Schneider

District Court, E.D. Michigan

Decided July 13, 1984No. 83-CV-3792-DTPublishedCited by 12 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

FEIKENS, Chief Judge.

Plaintiff seeks summary judgment against defendants in the amount that defendants guaranteed for the corporate debts of the obligor. Defendants argue that the guaranty has been discharged and that plaintiff’s motion should therefore be denied. For reasons stated herein, I find that plaintiff is entitled to summary judgment pursuant to Rule 56 of the Federal Rules of Civil Procedure.

I. BACKGROUND

Defendants entered into a Guaranty Agreement with plaintiff, Beconta, Inc. (“Beconta”), in December, 1977. The Agreement provided that defendants would…

2Cases cited5 opinions

  1. West, Weir & Bartel, Inc. v. Mary Carter Paint Co.New York Court of Appeals · 1969
  2. UNION CARBIDE CORPORATION, Plaintiff-Appellee, v. F. Allen NEWBOLES and Mary v. Newboles, Defendants-AppellantsCourt of Appeals for the Seventh Circuit · 1982
  3. United States Ex Rel. Small Business Administration v. MorrisDistrict Court, E.D. Pennsylvania · 1981
  4. R.I.D.C. Industrial Development Fund v. P. L. SnyderCourt of Appeals for the Fifth Circuit · 1976
  5. Loblaw, Inc. v. WylieAppellate Division of the Supreme Court of the State of New York · 1975

3Cited by12 opinions

  1. Underhill v. RoyalCourt of Appeals for the Ninth Circuit · 1985
  2. Landsing Diversified Properties-II v. First National Bank & Trust Co. (In re Western Real Estate Fund, Inc.)Court of Appeals for the Tenth Circuit · 1990
  3. In Re Resorts International, Inc.United States Bankruptcy Court, D. New Jersey · 1990
  4. In Re Elsinore Shore AssociatesUnited States Bankruptcy Court, D. New Jersey · 1988
  5. Seaport Automotive Warehouse, Inc. v. Rohnert Park Auto Parts, Inc. (In Re Rohnert Park Auto Parts, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1990

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