Union Trust Co. of Ellsworth v. Hardy

WERNICK, Justice.

Defendant Walter T. Hardy, the debtor in a secured transaction with the plaintiff Union Trust Company of Ellsworth, has appealed from a judgment entered in the Superior Court (Hancock County) awarding plaintiff a recovery of the deficiency it claimed due on the debt and deciding against defendant debtor on his counterclaim seeking certain penalties under Maine’s “Truth-in-Lending Act” (Article VII of 9-A M.R.S.A.).

We sustain defendant’s appeal as to the judgment’s adjudication in favor of plaintiff on the complaint and, reversing the judgment in this part, we order entry of…