Legal Opinion

Debral Realty, Inc. v. Marlborough Cooperative Bank

Massachusetts Appeals Court

Decided October 15, 1999No. 97-P-424PublishedCited by 7 opinions

1Opinion of the CourtPerretta, J.

In a series of loan transactions which took place between 1980 and 1989, Richard J. Budryk and his wife, Silva Y. Budryk (the Budryks), obtained mortgage-backed financing, first from the Marlborough Cooperative Bank (bank) and subsequently from Debral Realty, Inc. (Debral). All the notes and mortgages concerned the Budryks’ acquisition of income-producing property situated on Hastings Street and West Main *93Street in Marlborough. The Hastings Street transaction was first in time; the West Main Street transaction occurred some five years later. The Budryks thereafter defaulted on their loan…

2Cases cited19 opinions

  1. Bernatavicius v. BernataviciusMassachusetts Supreme Judicial Court · 1927
  2. National Bank of Eastern Arkansas v. General Mills, Inc.Court of Appeals for the Eighth Circuit · 1960
  3. Coraccio v. Lowell Five Cents Savings BankMassachusetts Supreme Judicial Court · 1993
  4. Licker v. GluskinMassachusetts Supreme Judicial Court · 1929
  5. United States v. American National Bank of Jacksonville and Title & Trust Company of FloridaCourt of Appeals for the Fifth Circuit · 1958

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3Cited by7 opinions

  1. Deutsche Bank National Trust Co. v. Fitchburg Capital, LLCMassachusetts Supreme Judicial Court · 2015
  2. Noonan v. Wonderland Greyhound Park Realty LLCDistrict Court, D. Massachusetts · 2010
  3. Pride Hyundai, Inc. v. Chrysler Financial Co.Court of Appeals for the First Circuit · 2004
  4. NAB Asset Venture III, L.P. v. Brockton Credit UnionMassachusetts Appeals Court · 2004
  5. Lowell Development & Finance Corp. v. Winter Hill Bank, FSB (In re Natale)United States Bankruptcy Court, D. Massachusetts · 2014

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