Legal Opinion

Depositors Trust Company, Etc. v. Alfred W. Slobusky, Michael Colodny

Court of Appeals for the First Circuit

Decided November 8, 1982No. 82-1032PublishedCited by 18 opinions

1Opinion of the Court

LEVIN H. CAMPBELL, Circuit Judge.

Michael Colodny appeals from the district court’s judgment finding him liable for $100,000 on a promissory note held by Depositors Trust Company.

In 1970 Joseph M. Feldman borrowed $900,000 from Depositors Trust Company in order to finance a joint venture undertaken by Feldman, Alfred Slobusky and several other parties. Slobusky’s relationship to the loan was a question in dispute at trial. The bank claimed that Slobusky was a primary obligor on the loan; Colodny claimed that Slobusky was not obligated to the bank.

The loan was originally secured by shares of…

2Cases cited9 opinions

  1. Kai Jakobsen v. Massachusetts Port AuthorityCourt of Appeals for the First Circuit · 1975
  2. Joseph Morris, Plaintiffs,-Appellees v. Anthony P. TravisonoCourt of Appeals for the First Circuit · 1976
  3. Inez Gallegos v. Mel Stokes, D/B/A Big "A" Auto Parts and Hopper Motor CompanyCourt of Appeals for the Tenth Circuit · 1979
  4. Joseph A. Badway v. United StatesCourt of Appeals for the First Circuit · 1966
  5. Desjardins v. DesjardinsCourt of Appeals for the Sixth Circuit · 1962

4 more not listed; retrieve them via the Exa API.

3Cited by18 opinions

  1. Davignon v. ClemmeyCourt of Appeals for the First Circuit · 2003
  2. Cordero v. De Jesus-MendezCourt of Appeals for the First Circuit · 1989
  3. Conjugal Partnership Comprised by Jones v. Conjugal Partnership Comprised of PinedaCourt of Appeals for the First Circuit · 1994
  4. Shute v. ChambersAppellate Court of Illinois · 1986
  5. Haseotes v. Cumberland Farms, Inc.Court of Appeals for the First Circuit · 2002

13 more not listed; retrieve them via the Exa API.

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