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KELLOGG CO. v. FIRST NAT. BANK OF LOUISVILLE

No. K 80-430.

512 F.Supp. 56 (1981)

KELLOGG COMPANY, Plaintiff, v. FIRST NATIONAL BANK OF LOUISVILLE, Defendant.

United States District Court, W. D. Michigan, S. D.

February 4, 1981.

Attorney(s) appearing for the Case

Furth, Fahrner, Bluemle, Mason & Wong, San Francisco, Cal., Rodney L. Eason, Battle Creek, Mich., for plaintiff.

William M. Newman, Muskegon, Mich., W. Robinson Beard, Louisville, Ky., for defendant.

OPINION

Substantive Facts

ENSLEN, District Judge.

Kellogg Company filed a suit in this Court against the First National Bank of Louisville in June of 1980. The Kellogg Company is seeking declaratory relief discharging it from its obligations under a loan guaranty agreement given to First National Bank in 1978. The agreement provides that Kellogg would personally guarantee payment to the Bank of a loan extended to Michigan Properties, a Connecticut...

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