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KEYSTONE ACCEPTANCE CORP. v. DYNALECTRON CORP.

No. 24129.

445 F.2d 729 (1971)

KEYSTONE ACCEPTANCE CORPORATION, a Pennsylvania Corporation, Appellant, v. DYNALECTRON CORPORATION et al.

United States Court of Appeals, District of Columbia Circuit.

Decided May 14, 1971.

Petition for Rehearing Denied June 24, 1971.

Attorney(s) appearing for the Case

Mr. Joseph W. Kiernan, Washington, D. C., for appellant.

Mr. Murdaugh Stuart Madden, Washington, D. C., with whom Mr. Leslie A. Nicholson, Jr., Washington, D. C., was on the brief, for appellee.

Before BAZELON, Chief Judge, and WRIGHT and TAMM, Circuit Judges.

PER CURIAM:

The question before us is whether under Florida law a creditor is barred from recovery on a guaranty because it refused to render certain assistance which the guarantor needed to fulfill its promise. The trial judge entered judgment for the guarantor. We affirm.

The operative facts are these. The creditor, predecessor in interest to Keystone, sold two airplanes (on which it took back notes and mortgages) and leased a third (with an option to buy...

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