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ITT DIVERSIFIED CREDIT CORP. v. KIMMEL

No. 80 C 3053.

508 F.Supp. 140 (1981)

ITT DIVERSIFIED CREDIT CORP., a Delaware Corporation, Plaintiff, v. Richard KIMMEL, Joseph Rockelmann, and John Rockelmann, Defendants.

United States District Court, N. D. Illinois, E. D.

January 12, 1981.

Attorney(s) appearing for the Case

Richard G. Siegel, Boehm & Weinstein, Inc., Chicago, Ill., for plaintiff.

Santo J. Volpe, Chicago, Ill., for defendants.

MEMORANDUM OPINION AND ORDER

ASPEN, District Judge:

Plaintiff, ITT Diversified Credit Corp. ("ITT"), a Delaware corporation, filed this diversity action to enforce the personal guarantees executed on August 31, 1976, by defendants, Richard Kimmel ("Kimmel"), Joseph Rockelmann, and John Rockelmann, all Illinois residents, guarantying the payment of certain business loans made by ITT to Medart, Inc. ("Medart"), a Mississippi corporation.1...

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