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KEYSTONE LEASING v. PEOPLES PROTECTIVE LIFE INS.

No. 76 C 1648.

514 F.Supp. 841 (1981)

KEYSTONE LEASING CORPORATION, Plaintiff, v. PEOPLES PROTECTIVE LIFE INSURANCE COMPANY and Continental Bankers Life Insurance Company of the South, Inc., Defendants.

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

April 28, 1981.

Attorney(s) appearing for the Case

Howard Brenner, New York City, for plaintiff Keystone.

Milman, Naness & Pollack, Hewlett, N. Y., for plaintiff Fugazy.

Robert Jordan, Cole & Deitz, New York City, National Labor Relations Board, by Sarah Ellen Siskind, Brooklyn, for defendants.

MEMORANDUM OF DECISION AND ORDER

COSTANTINO, District Judge.

This is an action to enforce an alleged guaranty agreement. The plaintiff, Keystone Leasing Corporation ("Keystone") seeks to enforce a guaranty purportedly made by the defendant, Peoples Protective Life Insurance Company ("PPLIC") of the financial obligations of Preferred Development Corporation ("Preferred") incurred pursuant to certain equipment leases. Keystone contends that it justifiably...

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