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CENTER CAPITAL CORP. v. JR LEAR 60-099, LLC

C.A. No. 08-508-JJF.

674 F.Supp.2d 569 (2009)

CENTER CAPITAL CORPORATION, Plaintiff, v. JR LEAR 60-099, LLC; J.B. Hunt, LLC; Pinnacle Air, LLC; Jet Ride, Inc.; Robert B. Thornton; and Bill W. Schwyhart, Defendant.

United States District Court, D. Delaware.

December 16, 2009.

Attorney(s) appearing for the Case

Dennis A. Dressler, Esquire, and Christian J. Jorgensen, Esquire, of Dressler Peters, LLC, Chicago, IL, R. Karl Hill, Esquire, and Kevin A. Guerke, Esquire of Seitz, Van Ogtrop & Green, P.A., Wilmington, DE, for Plaintiff.

Timothy L. Brooks, Esquire, and William M. Burk, Esquire, of Taylor Law Partners, Fayetteville, AR, Michael R. Lastowski, Esquire; Matt Neiderman, Esquire; and Sommer L. Ross, Esquire, of Duane Morris LLP, Wilmington, DE, for Defendant.

MEMORANDUM OPINION

FARNAN, District Judge.

Presently before the Court is Plaintiff Center Capital Corporation's Motion for Summary Judgment Against Defendants Robert B. Thornton and Bill W. Schwyhart. (D.I. 40.) For the reasons set forth below, Plaintiff's Motion will be granted.

I. Factual Background

On September 26, 2006, Key Equipment Finance Inc. ("Key Finance") entered into an Aircraft Security Agreement (the "Security Agreement...

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