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BENEFICIAL COMMERCIAL v. RAILSERV MANAGEMENT CORP.

Civ. A. No. 82-3948.

563 F.Supp. 114 (1983)

BENEFICIAL COMMERCIAL CORPORATION v. RAILSERV MANAGEMENT CORPORATION and American Railcar Exchange, Inc. v. NORTH AMERICAN CAR CORPORATION.

United States District Court, E.D. Pennsylvania.

April 20, 1983.

Attorney(s) appearing for the Case

Edward I. Swichar, Philadelphia, Pa., for plaintiff.

William J. Brennan, King of Prussia, Pa., for Railserv Management Corp. and American Railcar Exchange, Inc.

Matthew J. Siembieda, Andrew Bershad, Philadelphia, Pa., for North American Car Corp.

MEMORANDUM AND ORDER

BECHTLE, District Judge.

Presently before the Court in this diversity action on a loan default are the plaintiff's motion for summary judgment and for dismissal of defendants' counterclaims, and third-party defendant's motion to dismiss the third-party complaint. For the reasons set out below, both plaintiff's and third-party defendant's motions will be granted.

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