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I.J.A. INC. v. MARINE HOLDINGS LTD., INC.

Civ. A. No. 81-2480.

546 F.Supp. 608 (1981)

I.J.A. INC. d/b/a Northeast Jet Company, Inc. and Earl Holtz, Plaintiffs, v. MARINE HOLDINGS LTD., INC., The Bank of Nova Scotia, Sheldon Mintzberg, et al., Defendants.

United States District Court, E. D. Pennsylvania.

June 24, 1981.

Attorney(s) appearing for the Case

Arthur Alan Wolk, Philadelphia, Pa., for plaintiffs.

TROUTMAN, District Judge.

Now, according to the allegations of the complaint, in January, 1981, defendant Marine Holdings Ltd. delivered to the plaintiff Northeast Jet Company a 1967 Gates Lear jet which, pursuant to an agreement between the parties, Northeast utilized in its air charter business. Marine Holdings agreed to pay for all fuel, oil, landing fees, taxes, labor, parts, maintenance, management fees, et cetera in return for a share of the profit. By May,...

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