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CONTINENTAL AIRLINES, INC. v. LELAKIS

No. 95 Civ. 10518 (SAS).

943 F.Supp. 300 (1996)

CONTINENTAL AIRLINES, INC., Plaintiff, v. Antonios E. LELAKIS, Defendant.

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

September 19, 1996.

Attorney(s) appearing for the Case

Andrew S. Ratzkin, Arnold & Porter, New York City, for Plaintiff.

Gavin J. Rooney, Lawrence M. Rolnick, Lowenstein, Sandler, Kohl, Fisher & Boylan, Roseland, NJ, for Defendant.

MEMORANDUM OPINION

SCHEINDLIN, District Judge.

I. INTRODUCTION

Plaintiff Continental Airlines, Inc. ("Continental") sues Antonios Lelakis ("Lelakis") to collect $10,735,329.02, plus interest, under a guaranty agreement entered into by the parties in October 1994 as security for payment on a promissory note. The underlying note was executed by Regency Holdings (Cayman) Inc. ("Regency Holdings...

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