Arthur D. Little, Inc. v. East Cambridge Savings Bank

Nearly eight months after the plaintiff, Arthur D. Little, Inc. (A.D.L.), brought an action in contract commenced by trustee process, Mass.R.Civ.P. 4.2, 365 Mass. 740 (1974), the trustee, East Cambridge Savings Bank (bank), attempted to amend its answer to indicate that the funds it held subject to the trustee attachment were encumbered by notes payable to the bank. The bank had initially filed an answer admitting it was holding substantial funds on behalf of the defendant in the contract action, Ad-nan International Marketing Inc. (Adnan), but not indicating that the funds were encumbered.…