Legal Opinion
United Bank v. Chicago Title Insurance
Court of Appeals for the First Circuit
Decided February 12, 1999No. 98-1903PublishedCited by 6 opinions
1Opinion of the Court
BOUDIN, Circuit Judge.
In 1992, United Bank of Bangor, Maine, loaned Northern Products, Inc. (“Northern”) $1.15 million. The loan was guaranteed by Falcon, Inc., a company under the same ownership as Northern, and secured by a mortgage on Falcon’s sporting lodge and 900-acre wilderness property in Maine (the “Spencer Lake property”). The Spencer Lake property includes two miles of lakefront, but its only road access runs from Route 201 for seventeen miles over a road on privately owned land.
Northern, the previous owner of the Spencer Lake property before its transfer to Falcon, held a deeded…
2Cases cited9 opinions
- Travelers Indemnity Co. v. DingwellSupreme Judicial Court of Maine · 1980
- Gibson v. Farm Family Mutual InsuranceSupreme Judicial Court of Maine · 1996
- Chicago Title Insurance v. KumarMassachusetts Appeals Court · 1987
- Maine State Academy of Hair Design, Inc. v. Commercial Union InsuranceSupreme Judicial Court of Maine · 1997
- Baywood Corp. v. Maine Bonding & Casualty Co.Supreme Judicial Court of Maine · 1993
4 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Auto Europe, LLC v. Connecticut Indemnity Co.Court of Appeals for the First Circuit · 2003
- Home Insurance v. St. Paul Fire & Marine InsuranceCourt of Appeals for the First Circuit · 2000
- BJD Props., LLC v. Stewart Title Guaranty Co.District Court, W.D. Louisiana · 2019
- CH Properties, Inc. v. First American Title InsuranceDistrict Court, D. Puerto Rico · 2014
- CLARENCE SPURLING v. WESTPORT INSURANCE CORPORATIONDistrict Court, D. Maine · 2021
1 more not listed; retrieve them via the Exa API.