FIVE STAR PARKING v. PHILADELPHIA PARKING AUTH.

Civ. A. No. 86-1005.

703 F.Supp. 20 (1989)

FIVE STAR PARKING, a joint venture consisting of three business corporations: Charter Auto Parks, Inc., Grant Parking, Inc., L & R Auto Parks, Inc., Plaintiff, v. PHILADELPHIA PARKING AUTHORITY, Defendant, and Bank of America, Third Party Defendant.

United States District Court, E.D. Pennsylvania.

January 11, 1989.


Attorney(s) appearing for the Case

Peter Hearn, James J. Ferrelli, Sharon R. Buckingham, Philadelphia, Pa., for plaintiff.

Charles W. Bowser, Luther L. Weaver, III, Kevin W. Gibson, Philadelphia, Pa., for Philadelphia Parking Authority.

Seymour I. Toll, Toll, Erby & Gough, Philadelphia, Pa., for Bank of America.


OPINION

GAWTHROP, District Judge.

Pending before this court is a motion for summary judgment filed on behalf of the third party defendant Bank of America (the Bank). This lawsuit concerns a license agreement, entered into between the Philadelphia Parking Authority (the Authority) and Five Star Parking (Five Star), and a letter of credit issued by the Bank to secure Five Star's performance of that agreement. The...

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