In Re Newport Plaza Associates, L.P., Debtor. Newport Plaza Associates, L.P. v. Durfee Attleboro Bank
Court of Appeals for the First Circuit
1Opinion of the Court
SELYA, Circuit Judge.
After entering insolvency proceedings, plaintiff-appellant Newport Plaza Associates (Newport), a Rhode Island limited partnership, commenced an adversary proceeding against Durfee Attleboro Bank (the Bank), in which it claimed that the Bank failed to honor an oral agreement concerning the resumption of financing for a stalled construction project. The bankruptcy court and the district court both rejected the claim. The third time is not the charm: because the record shows beyond peradventure that the parties entered into a subsequent written contract, the terms of which…
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