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GENERAL ELEC. CREDIT CORP. v. TARR

Misc. No. 6810.

457 F.Supp. 935 (1978)

GENERAL ELECTRIC CREDIT CORPORATION, Plaintiff, v. Richard J. TARR, Defendant, v. EQUIBANK, N. A., Garnishee.

United States District Court, W. D. Pennsylvania.

September 29, 1978.

Attorney(s) appearing for the Case

Stephen Laidhold, Makoroff, Laidhold & Safier, Pittsburgh, Pa., for plaintiff.

Sidney R. Finkel, Baskin, Boreman, Wilner, Sachs, Gondelman & Craig, Pittsburgh, Pa., for garnishee.

Alfred Maiello, atty., for defendant, who did not appear at hearing or submit any legal memorandum.

OPINION

SNYDER, District Judge.

General Electric Credit Corporation (GEC) seeks a determination of its right to funds deposited with Garnishee, Equibank, by GEC's debtor, Richard Tarr. Equibank claims the right to set off the total amount against a demand obligation owed by Tarr to Equibank. The underlying facts are not in dispute.

Richard Tarr was President and the chief executive officer of Metropolitan International, Inc. (MII), a Pennsylvania...

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