Legal Opinion
First Pennsylvania Mortgage Trust v. Dorchester Savings Bank
Massachusetts Supreme Judicial Court
Decided August 8, 1985PublishedCited by 118 opinions
1Opinion of the CourtAbrams, J.
This action arises out of a participation agreement executed among calenders in February, 1972, to share in financing the construction of a rental apartment project in Weymouth. A judge of the Superior Court held the plaintiff First Pennsylvania Mortgage Trust (FPMT) liable to the defendants Dorchester Savings Bank (DSB) and National Bank of North America (NBNA) in the amount of $1,116,446 “and interest thereon from when [FPMT] reneged on the deal, i.e., August 15, 1973.” The plaintiff appeals. We affirm.
We summarize the facts as found by the judge. In 1970, the Weymouthport Corporation…
2Cases cited25 opinions
- Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
- Zenith Radio Corp. v. Hazeltine Research, Inc.Supreme Court of the United States · 1969
- United States v. El Paso Natural Gas Co.Supreme Court of the United States · 1964
- In the Matter of Multiponics, Incorporated, Bankrupt. MacHinery Rental, Inc. And Carl Biehl v. William W. Herpel, TrusteeCourt of Appeals for the Fifth Circuit · 1980
- Orvis v. HigginsCourt of Appeals for the Second Circuit · 1950
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3Cited by118 opinions
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