F.D.I.C. v. VALENCIA PORK STORE, INC.


225 N.J. Super. 110 (1988)

541 A.2d 1098

FEDERAL DEPOSIT INSURANCE CORPORATION, PLAINTIFF-RESPONDENT, v. VALENCIA PORK STORE, INC., JAMES MUSILLO AND ANGELO GRECO, DEFENDANTS-APPELLANTS.

Superior Court of New Jersey, Appellate Division.

Decided May 18, 1988.


Attorney(s) appearing for the Case

Robert E. McLeod argued the cause for appellants (Ronald S. Gasiorowski, attorney).

Robert W. Ruggieri argued the cause for respondent (Cassidy, Foss & San Filippo, attorneys; Roger J. Foss, of counsel; Messrs. Roger J. Foss and Robert W. Ruggieri, on the brief).

Before Judges GAULKIN, GRUCCIO and D'ANNUNZIO.


PER CURIAM.

Plaintiff Federal Deposit Insurance Corporation (FDIC) brought this action to collect monies allegedly due under three equipment leases between U.S. Funding Corporation (U.S. Funding) as lessor and Valencia Pork Store, Inc. (Valencia) as lessee. The obligations of Valencia were personally guaranteed by defendants James Musillo and Angelo Greco, Valencia's corporate officers. The interests of U.S. Funding...

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