Volpe Construction Co. v. First National Bank
Massachusetts Appeals Court
1Opinion of the CourtKaplan, J.
This is an unusual situation of a building project for “affordable” housing, in which the general contractor, which had direct contractual relations only with the owner-developer, tried to recover its alleged losses — amounts supposedly due it from the owner and unpaid — from the bank which made the construction loan to the owner. The contractor proposed a number of theories for shifting the onus onto the bank, but they fail.
A. The Documents.
San Marco Housing Corporation (San Marco), a nonprofit community housing corporation, conceived a plan to build on Lincoln Wharf, Boston, on the site of…
2Cases cited26 opinions
- Community National Bank v. DawesMassachusetts Supreme Judicial Court · 1976
- Whitinsville Plaza, Inc. v. KotseasMassachusetts Supreme Judicial Court · 1979
- Trans-Bay Engineers and Builders, Inc. v. Carla A. Hills, Secretary of Housing and Urban DevelopmentCourt of Appeals for the D.C. Circuit · 1976
- Salamon v. TerraMassachusetts Supreme Judicial Court · 1985
- DesLauries v. SheaMassachusetts Supreme Judicial Court · 1938
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3Cited by15 opinions
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- O. Ahlborg & Sons, Inc. v. United StatesUnited States Court of Federal Claims · 2006
- Trustees of MacIntosh Condominium Ass'n v. FDICDistrict Court, D. Massachusetts · 1995
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