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CITY NAT. BANK OF DETROIT v. BASIC FOOD INDUSTRIES, INC.

No. 75-1869 Summary Calendar.

520 F.2d 336 (1975)

CITY NATIONAL BANK OF DETROIT, Plaintiff-Appellee, v. BASIC FOOD INDUSTRIES, INC., Defendant-Appellant.

United States Court of Appeals, Fifth Circuit.

October 1, 1975.

Attorney(s) appearing for the Case

Arnold R. Ginsberg, Mallory H. Horton, Miami, Fla., for defendant-appellant.

Joseph F. Jennings, Miami, Fla., for plaintiff-appellee.

Before COLEMAN, AINSWORTH and SIMPSON, Circuit Judges.

PER CURIAM:

This Florida diversity case concerns the validity of a written guarantee given by appellant Basic Food Industries, Inc. to City National Bank of Detroit. The guarantee was of a loan made by the bank to Grand Packing Company, a now-bankrupt subsidiary of Basic Food.

At trial, appellant Basic Food contended that it was discharged as guarantor because the original terms of the loan were modified without its consent. As an affirmative defense, it sought...

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