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CHRYSLER CREDIT CORP. v. MARINO

No. 94-3332.

63 F.3d 574 (1995)

CHRYSLER CREDIT CORPORATION, Plaintiff-Third/Party Defendant-Appellee, v. Nancy MARINO, Defendant-Appellant, and Herman J. Marino, Defendant-Third/Party Plaintiff-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided August 15, 1995.

Rehearing Denied October 5, 1995.

Attorney(s) appearing for the Case

Robert L. Reeb, Keck, Mahin & Cate, Chicago, IL, Maurice J. McCarthy (argued), James W. Fessler, Mark W. Zimmerman, Querrey & Harrow, Chicago, IL, for plaintiff-appellee.

Herman J. Marino (argued), Chicago, IL, for defendants-appellants.

Before RONEY, BAUER, and EASTERBROOK, Circuit Judges.

BAUER, Circuit Judge.

Herman Marino and Michael Concialdi were shareholders, officers, and directors of Anthony Dodge, Inc., an automobile dealership. Marino was the Secretary and Treasurer and Concialdi was the President and registered agent. Anthony Dodge arranged for Chrysler Credit Corporation to lend it money and extend it credit. As is typical with this type of arrangement, Chrysler required Marino and Concialdi and their wives to personally guaranty the debts...

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