Legal Opinion
Heller Financial v. Insurance Co. of North America
Massachusetts Supreme Judicial Court
Decided June 13, 1991PublishedCited by 73 opinions
1Opinion of the CourtLiacos, C.J.
Insurance Company of North America (INA) appeals from a judgment of the Land Court 2 which subordinated a mortgage held by INA to a mortgage held by Heller Financial (Heller). Heller cross appeals, challenging the judge’s finding that an “estoppel letter” signed by Heller and by Guaranty Bank and Trust Company (GBT) did not constitute a contract. Heller also appeals from the judge’s ruling that neither INA or GBT violated G. L. c. 93A, §§ 2, 11 (1988 ed.). We transferred the appeals to this court on our own motion.
We summarize the facts found by the judge. The story begins with the financial…
2Cases cited9 opinions
- PMP Associates, Inc. v. Globe Newspaper Co.Massachusetts Supreme Judicial Court · 1975
- International Fidelity Insurance v. WilsonMassachusetts Supreme Judicial Court · 1983
- Datacomm Interface, Inc. v. Computerworld, Inc.Massachusetts Supreme Judicial Court · 1986
- Canney v. New England Telephone & Telegraph Co.Massachusetts Supreme Judicial Court · 1967
- Carlton v. JacksonMassachusetts Supreme Judicial Court · 1877
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3Cited by73 opinions
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- Incase Incorporated v. Timex CorporationCourt of Appeals for the First Circuit · 2007
- Morrison v. Toys "R" Us, Inc.Massachusetts Supreme Judicial Court · 2004
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