Legal Opinion
Dpj Company Limited Partnership v. Federal Deposit Insurance Corporation, as Receiver for Bank of New England, N.A.
Court of Appeals for the First Circuit
Decided July 27, 1994No. 93-2145PublishedCited by 32 opinions
1Opinion of the Court
BOUDIN, Circuit Judge.
DPJ Company Limited Partnership (“DPJ”) is a Massachusetts real estate developer. On February 12, 1988, it entered into a commitment letter agreement with the Bank of New England. Subject to various conditions being satisfied, the agreement contemplated the creation of a three-year $2.5 million line of credit on which DPJ could draw to finance primary steps in land development ventures {e.g., deposits, option payments, and architectural and engineering services).
The commitment letter provided that the creation of the line of credit — an event called the “closing” (as in…
2Cases cited5 opinions
- Air Technology Corp. v. General Electric Co.Massachusetts Supreme Judicial Court · 1964
- Bruce A. Howell v. Federal Deposit Insurance Corporation as Receiver for Eliot Savings BankCourt of Appeals for the First Circuit · 1993
- Mary E. Lawson and Matt Lawson v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1993
- In the Matter of Las Colinas, Inc., Debtors. Appeal of Banco Popular De Puerto Rico. In the Matter of Las Colinas, Inc., DebtorsCourt of Appeals for the First Circuit · 1972
- Rumsey Mfg. Corp. v. United States Hoffman MacHinery Corp.Court of Appeals for the Second Circuit · 1951
3Cited by32 opinions
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- Westfed Holdings, Inc. v. United StatesUnited States Court of Federal Claims · 2002
- Nashville Lodging Co. v. Resolution Trust CorporationCourt of Appeals for the D.C. Circuit · 1995
- Donald H. Rumsfeld, Secretary of Defense v. Applied Companies, Inc.Court of Appeals for the Federal Circuit · 2003
- Southern Nuclear Operating Co. v. United StatesUnited States Court of Federal Claims · 2007
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