MEMORANDUM
ROBERT F. KELLY, District Judge.
The Plaintiff in this diversity action, General Electric Capital Corporation, extended financing to the Defendant, East Coast Yacht Sales, Inc. ("East Coast"). The extension of funds was personally guarantied by ten individuals, all Defendants, and was secured by certain collateral, five yachts, all of which are located in New Jersey. Upon East Coast's default of its obligation, Plaintiff filed a complaint in this...
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