Citicorp USA Inc., a Delaware Corporation v. Joseph T. Alvarez, an Individual, and M. Helen Smith

79 F.3d 1152 NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel. CITICORP USA INC., a Delaware corporation, Plaintiff-Appellee, v. Joseph T. ALVAREZ, an individual, and M. Helen Smith, Defendants-Appellants. Nos. 94-56062, 94-56063. United States Court of Appeals, Ninth Circuit. Argued and Submitted March 6, 1996. Decided March 18, 1996. 1 Before: PREGERSON and T. G. NELSON, Circuit Judges, and GEORGE, * District Judge. 2 MEMORANDUM ** 3 * Joseph T. Alvarez and M. Helen Smith ("Smith and Alvarez"), shareholders of San Diego Television, Inc. ("SDTV"), appeal the district court's judgment, following a bench trial, in favor of lender Citicorp U.S.A., Inc. ("Citicorp"), in Citicorp's action to collect from Smith and Alvarez on a defaulted loan. The judgment entitled Citicorp to foreclose on SDTV shares pledged by Smith and Alvarez and on a personal guaranty signed by Smith. Smith and Alvarez argue that the district court improperly exercised jurisdiction because Citicorp…