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SPUNGIN v. CHINETTI INTERN. MOTORS

No. 80 C 3487.

515 F.Supp. 31 (1981)

Michael SPUNGIN and Hanna Mandel, Plaintiffs, v. CHINETTI INTERNATIONAL MOTORS, Citytrust and Thomas Parker, Defendants.

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

June 4, 1981.

Attorney(s) appearing for the Case

Hoffman, Pollok & Gasthalter by John L. Pollok, New York City, for plaintiffs.

Obermaier, Morville & Abramowitz by Mary McGowan Davis, Otto G. Obermaier, New York City, for defendant Citytrust.

MEMORANDUM AND ORDER

NEAHER, District Judge.

Plaintiffs commenced this action seeking a declaration that Hanna Mandel is the title owner of a 1980 Ferrari GTSi automobile purchased in New York for over $50,000 from defendant Chinetti Motors (now in bankruptcy). The principal target of the suit is defendant Citytrust, a Connecticut bank, which had previously financed Chinetti pursuant to a floor plan arrangement. Injunctive relief is sought against Citytrust...

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