PHILIPS CREDIT CORP. v. REGENT HEALTH GROUP, INC.

No. 90 Civ. 2838 (DNE).

953 F.Supp. 482 (1997)

PHILIPS CREDIT CORPORATION, Plaintiff, v. REGENT HEALTH GROUP, INC. and Sugar Mill Point Medical Center, Ltd., Defendants.

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

January 31, 1997.


Attorney(s) appearing for the Case

Nixon, Hargrave, Devans & Doyle, New York City (Frank H. Penski and Kermitt J. Brooks, of counsel), for plaintiff.

Coudert Brothers, New York City (Darrell Prescott and Jeffrey M. Cohen, of counsel), for defendants.


OPINION & ORDER

EDELSTEIN, District Judge:

This is a declaratory judgment action instituted by plaintiff commercial lender seeking a determination that it has no contractual obligation to make two loans to defendant based on alleged oral statements. In their answer to plaintiff's complaint, defendants raise six counterclaims in opposition to plaintiff's cause of action. Plaintiff moves this Court for summary judgment on their Complaint, and defendant...

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