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GUIDA v. UNDERWRITERS AT LLOYD'S

Civ. No. 80-4357.

563 F.Supp. 1015 (1983)

Louis P. GUIDA v. UNDERWRITERS AT LLOYD'S Subscribing to Policy Nos. 13/711/79 and 13/774/79 and Barry Epstein Rhulen Agency, Inc. and The Zinman Group.

United States District Court, E.D. Pennsylvania.

March 4, 1983.

Attorney(s) appearing for the Case

Paul M. Lewis, Sarner, Borofsky & Stein, Philadelphia, Pa., for Barry Epstein.

Daniel J. Ryan, LaBrum & Doak, Philadelphia, Pa., for Rhulen Agency, Inc.

G. Wayne Renneisen, Harvey, Pennington, Herting & Renneisen, Ltd., Philadelphia, Pa., for Zinman Group.

Patrick J. O'Connor, Miles A. Jellinek, Cozen, Begier & O'Connor, Philadelphia, Pa., for plaintiff.

James Lewis Griffith, Griffith & Burr, P.C., Philadelphia, Pa., Alan M. Kramer, New York City, for defendant — Underwriters at Lloyd's.

MEMORANDUM OF DECISION

McGLYNN, District Judge.

On August 17, 1978, the plaintiff, Louis Guida, entered into an agreement with the defendant Barry Epstein ("Epstein"), Cynthia, Irving and Joanne Epstein to purchase a 25% interest1 in a Standardbred horse named Sonsam, a proven winner as a pacer at the track. Because it was the intention of the parties to this agreement

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