Spectra Plastics, Inc. v. Nashoba Bank

Spectra Plastics, Inc. (“Spectra”) has appealed from the trial court’s grant of summary judgment to Nashoba Bank (“Nasho-ba”) in this lender liability lawsuit. Based upon the following, we affirm the trial court’s grant of summary judgment to Nashoba.

I. Facts and Procedural History

This lender liability lawsuit against Nashoba was originally commenced on August 14, 1995 by Spectra, along with John E. Goodman, Sr., W. Cooper Sandusky, III, Donald G. Taylor, and Charles L. Cox, Jr., based upon Nashoba’s alleged involvement in Spectra’s collapse on February 17, 1995, at which time Spectra’s…