Coolidge Bank & Trust Co. v. First Ipswich Co.

Although improbable in the extreme, the broad facts alleged by the defendants in their amended counterclaim make out the framework of a legally cognizable grievance if, as we must, we draw all necessary inferences in favor of the pleader. Charbonnier v. Amico, 367 Mass. 146, 152-153 (1975). Nader v. Citron, 372 Mass. 96, 98 (1977). Howard v. G. H. Dunn Ins. Agency, 4 Mass. App. Ct. 868 (1976).

Applying that generous test, the counterclaim seems to say: that Coolidge Bank and Trust Company (the bank) made an oral offer to lend the defendant First Ipswich Company, Incorporated (First Ipswich),…