SHACKET v. PHILKO AVIATION, INC.

No. 86-3030.

841 F.2d 166 (1988)

Maurice SHACKET and Sylvia Shacket, Plaintiffs-Counterdefendants-Appellees, v. PHILKO AVIATION, INC., Defendant-Counterplaintiff-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided March 2, 1988.


Attorney(s) appearing for the Case

Donald B. Garvey, Bishop & Crawford, Ltd., Oak Brook, Ill., for defendant-counterplaintiff-appellant.

James C. Murray, Jr., James E. Hanlon, Jr., Katten, Muchin & Zavis, Chicago, Ill., for plaintiffs-counterdefendants-appellees.

Before POSNER, COFFEY, and EASTERBROOK, Circuit Judges.


POSNER, Circuit Judge.

This case, now in its tenth year, involves a dispute over title to an airplane. The plaintiffs are Mr. and Mrs. Shacket; the defendant is Philko Aviation, Inc.; and the basis of federal jurisdiction is diversity of citizenship. Through a complex series of transactions unnecessary to describe, Philko, which is owned by an experienced and successful businessman named Edward McArdle, became the lessor of facilities used by an aircraft dealer named...

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