JOINT VENTURE ASSET ACQUISITION v. BHOGAONKER

Nos. 87 Civ. 5308 (RWS), 87 Civ. 5323 (RWS), 87 Civ. 5331 (RWS) to 87 Civ. 5334 (RWS), 87 Civ. 5337 (RWS), 87 Civ. 5339 (RWS), 87 Civ. 5341 (RWS) to 87 Civ. 5343 (RWS), 87 Civ. 5390 (RWS), 88 Civ. 0914 (RWS), 87 Civ. 7687 (RWS), 87 Civ. 8534 (RWS) and 87 Civ. 7431 (RWS).

769 F.Supp. 532 (1991)

JOINT VENTURE ASSET ACQUISITION, as assignee of Defendants' Promissory Notes payable to First City Federal Savings Bank, Plaintiff, v. Anant BHOGAONKER, Asha Bhogaonker, Shahab Moghul, Ghulam Moghul, Ahmed Knan, Mirza Ahmad, Yasmin Ahmad, Hare K. Patnaik, Ghaiyur Alam, Tahzibul Rizvi, Gautam Pandhi, Chandrika Pandhi, Khurshed Kasad, Zinobia Kasad, Bharat Shah, Bina Shah, Gunvant Shah, Sulochana Shah, Surya Misra and Bishnupriya Misra, Robert Ross, Shrabonnie Ghosh, Linval Fleetwood, Henry Tazzia, Defendants.

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

July 19, 1991.


Attorney(s) appearing for the Case

Bizar Shustak Martin & Schneider (Gayle S. Sanders, of counsel), New York City, for plaintiff.

Richard Simon, Hauppauge, N.Y., for defendants.


OPINION

SWEET, District Judge.

The plaintiff Joint Venture Asset Acquisition ("JVAA"), assignee of the promissory notes at issue (the "Notes"), executed by the individual defendants (the "Defendants") in favor of First City Federal Savings Bank (the "Bank"), seeks judgment for the full amount of the Notes, all accrued interest, and legal fees and disbursements. Upon the following findings and conclusions reached after a non-jury trial, judgment will be entered...

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