Legal Opinion

Fine v. Sovereign Bank

District Court, D. Massachusetts

Decided August 8, 2008No. Civil Action 06CV11450-NGPublishedCited by 9 opinions

1Opinion of the Court

ORDER ON PLAINTIFFS’ MOTION FOR SUMMARY JUDGMENT

GERTNER, District Judge.

Over some twenty years, Bradford Bleidt (“Bleidt”) swindled his business and his clients out of tens of millions of dollars. This litigation arises from the aftermath of the fraud. With few other targets for recovery, the receiver for Bleidt’s wholly-owned company and his former clients have joined forces to seek to place some of the blame for the fraud on defendant Sovereign Bank (“defendant” or “Sovereign”). The plaintiffs have moved for summary judgment. For the reasons explained below, the Motion for Summary Judgment…

2Cases cited48 opinions

  1. Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963
  2. O'Melveny & Myers v. Federal Deposit InsuranceSupreme Court of the United States · 1994
  3. Lerner v. Fleet Bank, N.A.Court of Appeals for the Second Circuit · 2006
  4. Perma Life Mufflers, Inc. v. International Parts Corp.Supreme Court of the United States · 1968
  5. Caplin v. Marine Midland Grace Trust Co. of New YorkSupreme Court of the United States · 1972

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3Cited by9 opinions

  1. Unencumbered Assets, Trust v. Great American InsuranceDistrict Court, S.D. Ohio · 2011
  2. Anderson v. Cordell (In re Infinity Business Group, Inc.)United States Bankruptcy Court, D. South Carolina · 2013
  3. Stanley v. SchmidtDistrict Court, District of Columbia · 2019
  4. In Re National Century Financial Enterprises, Inc.District Court, S.D. Ohio · 2011
  5. Go-Best Assets Ltd. v. Citizens BankMassachusetts Appeals Court · 2011

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