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MARINE MIDLAND BANK, N.A. v. ELSHAZLY

Civ. No. B-89-410 (WWE).

753 F.Supp. 20 (1991)

MARINE MIDLAND BANK, N.A., Plaintiff, v. Mahmoud A. ELSHAZLY, et al., Defendants.

United States District Court, D. Connecticut.

January 4, 1991.

Attorney(s) appearing for the Case

Lori J. Kremidas, Ben M. Krowicki, Brian C. Courtney, Hoberman & Pollack, P.C., Hartford, Conn., for plaintiff.

William V. Ferdinand, Jr., Mark R. Carta, Whitman & Ransom, David P. Burke, Duel & Holland, Greenwich, Conn., for defendants.

RULING ON PLAINTIFF'S MOTION FOR SUMMARY JUDGMENT

EGINTON, District Judge.

FACTS

Plaintiff, Marine Midland Bank, ("Bank") has filed a motion for summary judgment on the First Count of its Complaint pursuant to Federal Rule of Civil Procedure 56. In 1984, Riverside Oil Company, Inc., ("Riverside"), not a party to this action, executed a variable rate installment note, payable to the Bank in the principal amount of four hundred thousand dollars ...

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