Legal Opinion

Poultry Processing, Inc. v. Mendelson

Supreme Judicial Court of Maine

Decided January 3, 1991PublishedCited by 1 opinion

1Opinion of the Court

ROBERTS, Justice.

Sara Mendelson, Carl Mendelson and Dorothy Higer appeal from a judgment of the Superior Court (Waldo County, Silsby, J.) finding them jointly and severally liable to Poultry Processing, Inc. for $48,267.85 on a note plus $16,874.88 in attorney fees. The defendants contend that the court erred as a matter of law in ruling that the plaintiff was under no obligation to cash in two of the life insurance policies pledged as collateral for the note. Because we agree that the plaintiff had no such duty in the circumstances of this case, we affirm the judgment.

The case was submitted…

2Cases cited7 opinions

Grace v. Sterling, Grace & Co.Appellate Division of the Supreme Court of the State of New York · 1968
Federal Deposit Ins. Corp. v. Air Atlantic, Inc.Massachusetts Supreme Judicial Court · 1983
Tepper v. Chase Manhattan Bank, NADistrict Court of Appeal of Florida · 1979
Hutchison v. Southern California First National BankCalifornia Court of Appeal · 1972
New Jersey Bank v. TofflerNew Jersey Superior Court Appellate Division · 1976

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

3Cited by1 opinion

FDIC v. CaliendoDistrict Court, D. New Hampshire · 1992