Legal Opinion
Cadle Co. v. Vargas
Massachusetts Appeals Court
Decided July 2, 2002No. 99-P-2069PublishedCited by 21 opinions
1Opinion of the CourtKaplan, J.
Unforeseen, unusual circumstances, which arose after a guaranty of bank loans was entered into, made enforcement of the literal terms of the guaranty offensive to common sense and incompatible with good faith and fair dealing. We agree with the trial judge’s decision to that effect and affirm the judgment against the plaintiff purchaser of a defaulted bank loan and in favor of the defendant guarantor. Application of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. §§ 1691-169 If (1994), and regulations thereunder to the subject matter also favors the guarantor.
1. The case. Accepting the…
2Cases cited18 opinions
- Moragne v. States Marine Lines, Inc.Supreme Court of the United States · 1970
- Starr v. FordhamMassachusetts Supreme Judicial Court · 1995
- Market Street Associates Limited Partnership and William Orenstein v. Dale FreyCourt of Appeals for the Seventh Circuit · 1991
- Gaudette v. WebbMassachusetts Supreme Judicial Court · 1972
- Druker v. Roland Wm. Jutras Associates, Inc.Massachusetts Supreme Judicial Court · 1976
13 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Uno Restaurants, Inc. v. Boston Kenmore Realty Corp.Massachusetts Supreme Judicial Court · 2004
- Eigerman v. Putnam Investments, Inc.Massachusetts Supreme Judicial Court · 2007
- Chokel v. Genzyme Corp.Massachusetts Supreme Judicial Court · 2007
- Roberts v. Enterprise Rent-A-Car Co.Massachusetts Supreme Judicial Court · 2002
- Davidson v. General Motors Corp.Massachusetts Appeals Court · 2003
16 more not listed; retrieve them via the Exa API.