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LEASING SERVICE CORP. v. PATTERSON ENTERPRISES

No. 85 Civ. 5343 (JMW).

633 F.Supp. 282 (1986)

LEASING SERVICE CORPORATION and Credit Alliance Corporation, Plaintiffs, v. PATTERSON ENTERPRISES, LTD., William B. Patterson, Jeanne W. Patterson, W.B. Patterson, Jr. and Jackie B. Patterson, Defendants.

United States District Court, S.D. New York.

March 25, 1986.

Attorney(s) appearing for the Case

Sol D. Bromberg, New York City, for plaintiffs.

John Halebian, Pollack & Kaminsky, New York City, Jeff D. Rawlings, Young Scanlon & Sessums, Jackson, Miss., for defendants.

OPINION AND ORDER

WALKER, District Judge.

Introduction

This contract action seeks to recover a deficiency arising after public auction of repossessed heavy construction equipment. The plaintiffs, Leasing Service Corporation ("LSC") and Credit Alliance Corporation ("CAC"), are New York corporations. The defendants are Patterson Enterprises Ltd. ("Patterson"), a Mississippi corporation, and the corporation's officers. The auction of the equipment...

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