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O'HARE INTERNATIONAL BANK v. LAMBERT

No. 71-1510.

459 F.2d 328 (1972)

O'HARE INTERNATIONAL BANK, a National Banking Association, formerly known as First National Bank of Park Ridge, Plaintiff-Appellant, v. William E. LAMBERT et al., Defendants-Appellees.

United States Court of Appeals, Tenth Circuit.

May 1, 1972.

Attorney(s) appearing for the Case

Jack M. Sheehan, Oklahoma City, Okl., (McClelland, Collins, Sheehan, Bailey & Bailey, Lampkin, Wolfe, Burger, Abel, McCaffrey, & Norman, Oklahoma City, Okl., of counsel), for defendants-appellees.

Kenneth B. Samuels, Chicago, Ill. (Robert P. Marschall, Chicago, Ill., B. J. Brockett, Oklahoma City, Okl., on the brief; Henehan, Donovan & Isaacson, Chicago, Ill., of counsel), for plaintiff-appellant.

Before LEWIS, Chief Judge, and HOLLOWAY and BARRETT, Circuit Judges.

BARRETT, Circuit Judge.

O'Hare International Bank of Chicago, Illinois, (Bank), appeals from a summary judgment granted by the United States District Court, Western District of Oklahoma, upon motion of the defendants-appellees (Guarantors). The Bank's suit was brought for damages on an alleged breach of a guarantee agreement which the Bank contends inures to its benefit as a result of default in payments under an Aircraft Lease. Each of the Guarantors here are residents...

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