Legal Opinion

Cadle Co. v. LCM ASSOCIATES

Supreme Judicial Court of Maine

Decided April 25, 2000PublishedCited by 9 opinions

1Opinion of the CourtCalkins, J.

[¶ 1] LCM Associates, a general partnership, appeals the deficiency judgment entered against it and in favor of The Cadle Company by the Superior Court (York County, Brennan, J.) in this foreclosure action. LCM contends that Cadle is not entitled to a deficiency judgment because it failed to follow the requirements of 14 M.R.S.A. § 6323 (1980 & Supp.1999). We vacate the judgment.

I. FACTS AND PROCEEDINGS

[¶ 2] LCM granted a mortgage to a predecessor of Cadle on a condominium unit in Kennebunkport to secure a loan in the amount of $104,000. The mortgage was assigned several times, and eventually…

2Cases cited9 opinions

  1. Jackson Investment Corp. v. Pittsfield Products, Inc.Michigan Court of Appeals · 1987
  2. Winter v. Casco Bank and Trust Co.Supreme Judicial Court of Maine · 1979
  3. Gragin Federal Bank for Savings v. American Nat. Bank and Trust Company of ChicagoAppellate Court of Illinois · 1994
  4. Brickyard Associates v. Auburn Venture PartnersSupreme Judicial Court of Maine · 1993
  5. Hanover Funding Co. v. Keri Associates, Inc.Appellate Division of the Supreme Court of the State of New York · 1992

4 more not listed; retrieve them via the Exa API.

3Cited by9 opinions

  1. DEUTSCHE BANK NAT. TRUST CO. v. RaggianiSupreme Judicial Court of Maine · 2009
  2. JPMorgan Chase Bank v. McKinney (In re McKinney)United States Bankruptcy Court, D. Maine · 2006
  3. United States v. HarrimanDistrict Court, D. Maine · 2010
  4. In RE McKINNEY 1United States Bankruptcy Court, D. Maine · 2006
  5. Bar Harbor Bank & Trust v. Woods at Moody, LLCSupreme Judicial Court of Maine · 2009

4 more not listed; retrieve them via the Exa API.

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