Banknorth, N.A. v. Alticomm, Inc.

Troy, Paul E., J.

The plaintiff, Banknorth, N.A., (“Banknorth”) alleges damages arising from defendant, Alticomm, Inc.’s (“Alticomm”), failure to repay several debts. Defendant, Paul L. Barrett (“Barrett”), one of several defendants who had guaranteed Alticomm’s debts to Banknorth, ultimately paid Banknorth the alleged balance due. This matter is before the court on Barrett’s motion to substitute himself for Banknorth as plaintiff. For the following reasons, Barrett’s motion is DENIED.

Background

Banknorth’s predecessor in interest, the Warren Five Cent Savings Bank (“Warren”), made several…