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NETHERLANDS SHIPMORTGAGE CORP. v. MADIAS

Nos. 1247 and 1290, Dockets 83-7041, 83-7043.

717 F.2d 731 (1983)

NETHERLANDS SHIPMORTGAGE CORPORATION, LTD., Plaintiff-Appellant, v. Mark MADIAS and Nicholas T.K. Skarvelis, Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided September 12, 1983.

Attorney(s) appearing for the Case

Robert L. Sills, New York City, for plaintiff-appellant.

Stephen M. Rathkopf, New York City, for defendants-appellees.

Before KEARSE, PIERCE and PECK, Circuit Judges.

JOHN W. PECK, Circuit Judge:

Netherlands Shipmortgage Corporation (NSC) appeals the dismissal for lack of standing by the District Court for the Southern District of New York of its actions for recovery on a guaranty executed by Mark Madias and Nicholas Skarvelis and for voidance of a conveyance of real estate by Madias and Skarvelis to their spouses without consideration.1 NSC contends that the district court erred in holding that it...

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