Vermont Industrial Development Authority v. Setze
Supreme Court of Vermont
1Opinion of the CourtJohnson, J.
Defendants Paul and Patricia Setze appeal from a ruling on a motion for summary judgment, holding them liable to the plaintiff, Vermont Industrial Development Authority (VIDA), for the plaintiff’s losses on a contract insuring a commercial loan. Defendants Gordon Oxx and Carol Oxx settled with VIDA prior to argument and are no longer parties to this appeal. We affirm the trial court judgment with respect to the remaining parties.
The underlying facts are not in dispute. In 1984, defendants created Precision Technologies, Inc., (PTI) for the purpose of manufacturing and selling ultra-precision…
2Cases cited14 opinions
- In the Matter of Bollinger Corporation, Bankrupt. Appeal of Carl L. Bigler, Trustee for Bollinger CorporationCourt of Appeals for the Third Circuit · 1980
- In the Matter of Numeric Corp., Bankrupt. Appeal of Russell E. BlankCourt of Appeals for the First Circuit · 1973
- Kelly v. Town of BarnardSupreme Court of Vermont · 1990
- INTERNATIONAL UNDERWRITERS v. LiaoSupreme Court of Alabama · 1989
- Western National Bank of Casper v. HarrisonWyoming Supreme Court · 1978
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