Greenwood Credit Union v. Fleet National Bank

ORDER

This case came before the Supreme Court for oral argument on April 9, 1996, pursuant to an order that directed the parties to show cause why this appeal should not be summarily decided. The defendant, Fleet National Bank (Fleet), has appealed from a Superior Court judgment in favor of the plaintiff, Greenwood Credit Union (Greenwood).

After hearing the arguments of counsel and reviewing the memoranda submitted by the parties, we are of the opinion that cause has not been shown, and the case will be decided at this time.

On December 20, 1990, Fleet conducted a mortgagee’s sale of property,…