Blais v. Warren Five Cents Savings Bank

This is an action in contract and tort to recover for an alleged violation of a construction loan agreement. The plaintiff-borrowers brought this action for breach of fiduciary duty, breach of contract and negligence against the defendant-lender. The plaintiffs now appeal from the allowance of the defendanf s Dist./Mun. Cts. R Civ. P., Rule 56 motion for summary judgment on all counts.

The plaintiffs obtained a loan from the defendant to build a new home on land they had purchased in Salisbury, Massachusetts in early 1988. Plaintiff Irene Blais was a real estate sales agent and plaintiff…