Legal Opinion
Shawmut Bank, N.A. v. Chase
Massachusetts Appeals Court
Decided March 26, 1993No. 91-P-1358PublishedCited by 16 opinions
1Opinion of the CourtFine, J.
The issue before us is the adequacy of Shawmut Bank, N.A.’s (Shawmut’s), evidence to support a finding against William J. Chase after an assessment of damages hearing.
In 1987, Nappco, Inc. (Nappco), entered into a revolving loan agreement with Shawmut, secured by Nappco’s assets, which consisted of inventory and accounts receivable. At the same time, Chase and one Charles W. Roche each executed an unlimited guaranty of Nappco’s obligations to Shawmut. Nappco defaulted on its obligations. On July 26, 1990, Shawmut commenced this action against Chase 1 to enforce the guaranty, alleging the…
2Cases cited32 opinions
- Norton v. Nat. Bank of Commerce of Pine BluffSupreme Court of Arkansas · 1966
- United States v. Duane G. Willis and Mary J. WillisCourt of Appeals for the Sixth Circuit · 1979
- Atlas Thrift Co. v. HoranCalifornia Court of Appeal · 1972
- John W. Skeels v. Universal C. I. T. Credit Corporation v. Estelle A. Skeels, Third-PartyCourt of Appeals for the Third Circuit · 1964
- Universal C. I. T. Credit Co. v. RoneSupreme Court of Arkansas · 1970
27 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Marshall v. Stratus Pharmaceuticals, Inc.Massachusetts Appeals Court · 2001
- Pemstein v. StimpsonMassachusetts Appeals Court · 1994
- Roggemann v. Boston Safe Deposit & Trust Co.District Court of Appeal of Florida · 1996
- Johnny's Oil Co. v. EldayhaMassachusetts Appeals Court · 2012
- Oyegbola v. DeSimoneMassachusetts District Court, Appellate Division · 1996
11 more not listed; retrieve them via the Exa API.