J.P. Morgan Delaware v. Onyx Arabians II, Ltd.

MEMORANDUM

MEREDITH, Chief Judge.

This matter is before the Court on the parties’ cross motions for summary judgment. Fed.R.Civ.P. 56. Plaintiff,. J.P. Morgan Delaware (Morgan), is a banking corporation with its principal place- of business in Wilmington, Delaware. Defendant Onyx Arabians II, Ltd., is a limited partnership with its principal place of business in Georgia. Defendant Onyx Arabians, Inc. is a Georgia corporation. The defendants will hereinafter be referred to collectively as “Onyx.” This Court has jurisdiction based on diversity of citizenship. Title 28 U.S.C. § 1332.

Onyx entered…