Valsamis v. Gonzalez-Romero
Court of Appeals for the First Circuit
1Opinion of the Court
SELYA, Circuit Judge.
In one of Shakespeare’s most celebrated works, Polonius famously tells Laertes: “Neither a borrower nor a lender be.” William Shakespeare, Hamlet act 1, sc. 3 (circa 1603). This case reaffirms the wisdom of that admonition. The tale follows.
Many of the relevant facts are uncontroversial. It is undisputed that Néstor González-Romero (González), a citizen and resident of Puerto Rico, approached his erstwhile friend, Athanasios Valsamis, in search of a large loan. Valsamis, a citizen and resident of Greece, entertained Gonzá-lez’s request and proffered a $700,000 loan. The…
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