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P P INC. v. McGUIRE

Civ. A. No. 80-1737.

509 F.Supp. 1079 (1981)

P P INC., formerly known as Green Mountain Inn, Inc., Plaintiff, v. Thomas J. McGUIRE and Sandra A. McGuire, jointly, severally, and in the alternative, Defendants, v. Pascal L. TURSI and Rebecca W. Tursi, jointly, severally, and in the alternative, Third-Party Defendants.

United States District Court, D. New Jersey.

March 13, 1981.

Attorney(s) appearing for the Case

William F. Keating, Capehart & Scatchard, Moorestown, N. J., for plaintiff.

Albert R. Rago, Melletz, Rago & Newman, Cherry Hill, N. J., for defendants.

OPINION

DEBEVOISE, District Judge.

This is a suit upon a $65,000 promissory note. Jurisdiction is founded upon diversity of citizenship. Plaintiff, PP Inc., contends that it is a holder in due course and seeks to recover against the purported makers of the note, Thomas J. and Sandra A. McGuire. Defendants, the McGuires, claim that plaintiff is not a holder in due course and holds the note subject to their claims and defenses. In addition, they have initiated...

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