Legal Opinion
Baybank v. Vermont National Bank
Court of Appeals for the First Circuit
Decided July 7, 1997No. 96-2200PublishedCited by 4 opinions
1Opinion of the Court
STAHL, Circuit Judge.
Plaintiff-appellant Baybank filed a seven count complaint against defendant-appellee Vermont National Bank for damages arising out of a failed loan in which Baybank had purchased a participation. 1 The district court granted summary judgment in favor of Vermont National, and Baybank now appeals. Finding no error, we affirm.
Background
In 1986 Vermont National made a $1,750,-000 loan due to mature on June 5, 1988, to Liftline Lodge, Inc., a ski operation. In early 1988, Vermont National and Baybank began negotiating Baybank’s potential participation in the loan. In April,…
2Cases cited11 opinions
- J. Geils Band Employee Benefit Plan v. Smith Barney Shearson, Inc.Court of Appeals for the First Circuit · 1996
- Isbrandtsen v. North Branch Corp.Supreme Court of Vermont · 1988
- Ortiz-Pinero v. Rivera-ArroyoCourt of Appeals for the First Circuit · 1996
- Den Norske Bank As v. First Nat'L of BostCourt of Appeals for the First Circuit · 1996
- Morrisseau v. FayetteSupreme Court of Vermont · 1995
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3Cited by4 opinions
- Global Naps, Inc. v. Verizon New England, Inc.Court of Appeals for the First Circuit · 2007
- McMullen v. DuddlesDistrict Court, W.D. Michigan · 2005
- Equinox on the Battenkill Management Assn., Inc. v. Philadelphia Indemnity Ins. Co.Supreme Court of Vermont · 2015
- Equinox on the Battenkill Management Assn., Inc. v. Philadelphia Indemnity Ins. Co.Supreme Court of Vermont · 2015