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OMP v. SECURITY PACIFIC BUSINESS FINANCE, INC.

Civ. A. No. WC 86-132-D-D.

716 F.Supp. 251 (1989)

OMP, a Mississippi General Partnership and Lasercraft, Ltd., a Mississippi Limited Partnership, Plaintiffs, v. SECURITY PACIFIC BUSINESS FINANCE, INC., a Delaware Corporation, Defendant. SECURITY PACIFIC BUSINESS FINANCE, INC., Counterplaintiff, v. Pryor Spencer BAILEY, As General Partner of OMP; Leslie Banks Brasell, As General Partner of OMP; O.A. Cleveland, Jr., As General Partner of OMP; Lasercraft, Ltd., a Mississippi Limited Partnership, Counterdefendants.

United States District Court, N.D. Mississippi, W.D.

June 9, 1989.

Attorney(s) appearing for the Case

James L. Bonner, Olive Branch, Miss., J.P. Coleman, Ackerman, Miss., Briggs Smith, Smith, Phillips & Mitchell, Batesville, Miss., and Eugene Greener, Jr. and Henry C. Shelton, III, Schneider & McQuiston, Memphis, Tenn., for plaintiffs and counterdefendants.

John Dunbar, Holcomb, Dunbar, Connell, Chaffin & Willard, Oxford, Miss., for defendant and counterplaintiff.

MEMORANDUM OPINION

DAVIDSON, District Judge.

This action was heard in the United States District Court on December 15 and 16, 1988. The request for a deficiency judgment award is the only issue remaining. After having considered the oral and documentary proof received at trial, together with the parties' briefs and proposed findings of fact and conclusions of law, the court makes the following findings of fact and conclusions of law as required by Rule 52...

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