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F.D.I.C. v. VALENCIA PORK STORE, INC.

212 N.J. Super. 335 (1986)

514 A.2d 1365

FEDERAL DEPOSIT INSURANCE CORP., PLAINTIFF, v. VALENCIA PORK STORE INC., A BODY CORPORATE OF NEW JERSEY; JAMES MUSILLO; AND ANGELO GRECO, DEFENDANTS.

Superior Court of New Jersey, Law Division Monmouth County.

Decided July 2, 1986.

Attorney(s) appearing for the Case

Kenneth G. Robbett for plaintiff (Cassidy, Despo, Foss and San Filippo, attorneys).

Robert E. McLeod for defendant (R. Gasiorowski, attorney).

SELIKOFF, J.S.C.

This a motion for summary judgment arising out of three equipment lease agreements between U.S. Funding Corporation, as lessor, and Valencia Pork Store Inc., defendant.

The first lease agreement dated November 18, 1974 for a term of 36 months matured on November 18, 1977. The second lease agreement dated December 2, 1974 for a term of 60 months matured on November 20, 1979. The third lease agreement dated January 29, 1975 for a term of 60...

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