Legal Opinion
First Vermont Bank & Trust Co. v. Kalomiris
Supreme Court of Vermont
Decided June 18, 1980No. 343-79PublishedCited by 5 opinions
1Opinion of the CourtHill, J.
Defendant, Thunder Road Enterprises, Inc. (TRE), owned property in the Town of Barre on which plaintiff, First Vermont Bank and Trust Company, held a first mortgage. On January 30, 1978, TRE sold the property to defendant, Kalomiris, who assumed TRE’s first mortgage to plaintiff, and who gave a second mortgage on the same property to TRE. Kalomiris subsequently defaulted on both mortgages.
On November 30, 1978, plaintiff commenced an action to foreclose Kalomiris’ equity of redemption in the premises. In its petition, plaintiff named both Kalomiris and TRE as defendants. The lower court issued…
2Cases cited5 opinions
- Wheeler v. WillardSupreme Court of Vermont · 1871
- Frisbee v. FrisbeeSupreme Judicial Court of Maine · 1894
- Phelps v. RootSupreme Court of Vermont · 1906
- Ward v. SeymourSupreme Court of Vermont · 1878
- Bullard v. LeachSupreme Court of Vermont · 1854
3Cited by5 opinions
- Continental Casualty Co. v. Pullman, Comley, Bradley & ReevesDistrict Court, D. Connecticut · 1989
- Nationwide Mutual Fire Insurance v. GamelinSupreme Court of Vermont · 2001
- In Re DriscollUnited States Bankruptcy Court, D. Vermont · 1998
- Quechee Lakes Corp. v. L.E. Boeske Associates, Inc.District Court, D. Vermont · 1996
- Rutland Savings Bank v. PyleSupreme Court of Vermont · 1985