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SCHNEIDER v. OG & C CORP.

No. 87 Civ 7828 (KC).

684 F.Supp. 1269 (1988)

Lawrence SCHNEIDER and Philip Sassower, Plaintiffs, v. OG & C CORPORATION, Leslie Mersky, and Arthur Tuchinsky, Defendants.

United States District Court, S.D. New York.

May 24, 1988.

Attorney(s) appearing for the Case

Herman Sassower, Bell, Kalnick, Berkman, Klee & Green, New York City, for plaintiffs.

Arthur Tuchinsky, Narberth, Pa., Leslie Mersky, Les Mersky Associates, Philadelphia, Pa., for defendants.

CONBOY, District Judge:

This action, brought under the grant of diversity jurisdiction, 28 U.S.C. § 1332(a)(1) (1982), involves a default on a loan made by the plaintiffs to defendant OG & C Corporation ("OGC").1 Defendants Leslie Mersky and Arthur Tuchinsky co-guaranteed the loan to the corporation.2 On October 20, 1987, plaintiffs' counsel made a written demand of the corporate borrower, and a written...

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