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GATTI v. NATIONAL BANK OF THE COM.

Civ. A. No. 88-0195.

696 F.Supp. 153 (1988)

Joseph W. GATTI, Sr. and Lena E. Gatti, his wife, Plaintiffs, v. NATIONAL BANK OF THE COMMONWEALTH, E. James Trimarchi, David R. Tomb, Jr., Patrick F. McCarthy, Roy R. Fairman, Johnston A. Glass, Jeffrey A. Martin, and William H. Jones, Defendants.

United States District Court, W.D. Pennsylvania.

September 16, 1988.

Attorney(s) appearing for the Case

Michael E. Hoover, Sheinberg & Hoover, Pittsburgh, Pa., for plaintiffs.

Eric A. Schaffer, Reed Smith Shaw & McClay, Pittsburgh, Pa., for defendants.

OPINION

GERALD J. WEBER, District Judge.

Plaintiffs' son and daughter-in-law owned and operated a hardware store. Defendant Bank made several loans to the business over the years. In supporting their offspring, plaintiffs executed Guaranty and Suretyship Agreements on some of these loans. When the son and his wife defaulted on the loans, the bank turned to plaintiffs for payment.

Plaintiffs filed this suit against the bank and a number of its officers...

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