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SAFECO CREDIT v. U.S. BANCORP LEASING & FINANCIAL

Civ. No. 92-1380-MA.

833 F.Supp. 833 (1993)

SAFECO CREDIT COMPANY, INC., a Washington corporation, Plaintiff, v. U.S. BANCORP LEASING & FINANCIAL, INC., an Oregon corporation, Defendant.

United States District Court, D. Oregon.

September 16, 1993.

Attorney(s) appearing for the Case

Gregg D. Johnson, Steven K. Blackhurst, Ater Wynne Hewitt Dodson & Skerritt, Portland, OR, for plaintiff.

M. Christie Helmer, Jeffrey W. Knapp, Miller, Nash, Wiener, Hager & Carlsen, Portland, OR, for defendant.

OPINION

MARSH, District Judge.

This is a diversity action in which plaintiff claims defendant breached a written subordination agreement. Both parties have now filed cross-motions for summary judgment pursuant to Fed.R.Civ.P. 56. Based on the following, plaintiff's motion for summary judgment # 17 is GRANTED, and defendant's motion for summary judgment # 23 is DENIED.

BACKGROUND

Beginning in 1977, defendant U.S. Bancorp Leasing & Financial...

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