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FEDERAL INS. CO. v. AYERS

Civ. A. No. 89-8831.

772 F.Supp. 1503 (1991)

FEDERAL INSURANCE COMPANY v. Randy AYERS, Joseph Geltz, and Thomas N. Petro v. MARCY FITNESS PRODUCTS, Confidential Management, Inc., Parker Mahnke, and Kent Perkins.

United States District Court, E.D. Pennsylvania.

July 18, 1991.

Attorney(s) appearing for the Case

J. Chas. Sheak, Pennington, N.J., for plaintiff.

David L. Deratzian, Philadelphia, Pa., for Geltz.

Thomas C. Carroll, Philadelphia, Pa., for Petro.

Glenn C. Equi, Philadelphia, Pa., for additional defendants.

MEMORANDUM AND ORDER

HUYETT, District Judge.

This action arises from the ongoing enterprise from October 1986 through March 1989, wherein defendants Randy Ayers, Joseph Geltz, and Thomas N. Petro allegedly took fitness equipment, products, and cash belonging to Marcy Fitness Products ("Marcy"), a Pennsylvania manufacturer, and converted the same to their own use and benefit. At all times relevant to this action, Marcy held a crime insurance policy issued...

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