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NATIONAL ACCEPTANCE CO. OF AMERICA v. WECHSLER

No. 78 C 2115.

489 F.Supp. 642 (1980)

NATIONAL ACCEPTANCE COMPANY OF AMERICA, a Delaware Corporation, Plaintiff, v. James M. WECHSLER, Defendant and Third-Party Plaintiff, v. WINDSOR-DETROIT BARGE LINE, LTD., a Canadian Corporation, Third-Party Defendant.

United States District Court, N. D. Illinois, E. D.

On Motion to Transfer May 5, 1980.

Attorney(s) appearing for the Case

James Murray, Jr., Richard L. Epling, Katten, Muchin, Gitles, Zavis, Pearl & Galler, Chicago, Ill., for plaintiff.

Roger L. Premo, Southfield, Mich., for third-party plaintiff.

William J. Campbell, Jr., Andrew J. Maxwell, O'Brien, Carey, McNamara, Scheuneman & Campbell, Ltd., H. Russell Barefield, Warren J. Marwedel, Haskell & Perrin, Chicago, Ill., for third-party defendant.

MEMORANDUM OPINION AND ORDER

ASPEN, District Judge:

This action arises out of a demand by plaintiff National Acceptance Company of America ("NAC") for payment of the amount due on certain loans for which defendant James M. Wechsler was the guarantor. The loans were made to Detroit Harbor Terminals, Inc. ("Detroit Harbor"), pursuant to separate agreements between NAC and Detroit Harbor in September, 1974, and...

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