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F.D.I.C. v. WRAPWELL CORP.

Nos. 93 Civ. 859 (CSH), 94 Civ. 5574 (CSH).

922 F.Supp. 913 (1996)

FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver of First New York Bank for Business, Plaintiff, v. WRAPWELL CORPORATION, Louis Silberstein, Herman Silberstein, Aaron Silberstein, H.A.L. Holding Company, Armin Silberstein, and 94 Ninth Street Co., Ltd., Defendants.

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

April 10, 1996.

Attorney(s) appearing for the Case

Marguerite Sagatelian, Federal Deposit Insurance Corporation, Legal Services Office, New York City, Linda S. Charet, of counsel, for plaintiff.

Leo Fox, New York City, Glenn P. Berger, of counsel, for defendants.

MEMORANDUM OPINION AND ORDER

HAIGHT, Senior District Judge:

In these consolidated actions, the Federal Deposit Insurance Corporation ("FDIC"), as receiver for First New York Bank for Business ("FNY"), moves for summary judgment on five promissory notes signed by defendant Wrapwell Corporation and guaranteed by the other defendants. The defendants oppose the motion, asserting numerous defenses to the claims on the notes. The FDIC also moves to be named...

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