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C.I.T. CORPORATION v. LEE PONTIAC, INC.

No. 73-3230.

513 F.2d 207 (1975)

C.I.T. CORPORATION, a New York Corporation, Plaintiff-Appellee, v. LEE PONTIAC, INC., etc., et al., Defendants, Ralph Gorringe, Defendant-Appellant.

United States Court of Appeals, Ninth Circuit.

April 4, 1975.

Attorney(s) appearing for the Case

Gordon S. Thatcher (argued), Rexburg, Idaho, for defendant-appellant.

Michael A. Greene (argued), Boise, Idaho, for plaintiff-appellee.

Before BARNES and CHOY, Circuit Judges, and EAST, Senior District Judge.

OPINION

EAST, Senior District Judge:

THE CASE

This diversity action was brought by C.I.T. Corporation (C.I.T.) against Lee Pontiac, Inc. (Pontiac) and its guarantors for a judgment on a deficiency on two secured transactions after the repossession and sale of the collateral.

The defendants in the District Court counterclaimed against C.I.T. and interplead Dick Nolan seeking damages resulting from an alleged conspiracy between C.I.T. and...

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