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DEPOSITORS TRUST CO. v. HUDSON GENERAL CORP.

No. 75 C 1760.

485 F.Supp. 1355 (1980)

DEPOSITORS TRUST COMPANY, a Maine Corporation, Plaintiff, v. HUDSON GENERAL CORPORATION, a Delaware Corporation, Defendant.

United States District Court, E. D. New York.

March 13, 1980.

Attorney(s) appearing for the Case

Conboy, Hewitt, O'Brien & Boardman, New York City, for plaintiff; Timothy C. Quinn, Jr., Allin C. Seward, III, New York City, Charles W. Morse, Jr., Boston, Mass., of counsel.

Fried, Frank, Harris, Shriver & Jackson, New York City, for defendant; Edward G. Turan, New York City, of counsel.

MEMORANDUM OF DECISION AND ORDER

NEAHER, District Judge.

Depositors Trust Company of Augusta, Maine ("DTC"), a Maine banking corporation, sues to recover $123,169.90 allegedly due pursuant to a guaranty agreement from Hudson General Corporation ("HGC"), a Delaware corporation with a principal office in Great Neck, New York. Since the undisputed facts involved are rather complex, an understanding of the issues presented requires a detailed narration of certain...

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