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KDG AUTO SALES, INC. v. ASTA FUNDING, INC.

781 A.2d 202 (2001)

KDG AUTO SALES, INC., T/A Wyncote Motors and Barry C. Portnoy, Appellees, v. ASTA FUNDING, INC., Appellant.

Superior Court of Pennsylvania.

Filed July 31, 2001.

Attorney(s) appearing for the Case

Mark W. Catanzaro, Moorestown, for appellant.

Kenneth M. Dubrow, Philadelphia, for appellees.

Before: DEL SOLE, President Judge, MONTEMURO and KELLY, JJ.

DEL SOLE, President Judge.

¶ 1 Thomas Automotive Group, Inc. ("Thomas") operated a used car lot in Philadelphia. Principals from Thomas entered into an agreement with Barry Portnoy whereby Portnoy would provide financing for Thomas to purchase vehicles for resale or consignment. The business agreement provided that Portnoy would own the cars, but the title would be in Thomas's name. The agreement further provided that Portnoy would physically possess the titles...

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