FHS Properties v. BC Associates
Court of Appeals for the First Circuit
1Opinion of the Court
TORRUELLA, Chief Judge.
This is an appeal from the final judgment of the United States District Court for the District of Massachusetts, issued on remand following a prior appeal to this Court, declaring that the “Deficit Loan” made by BCA 1 to Fort Hill Square Associates accrued compound interest. FHS
Properties Limited Partnership contests the award of compound, rather than simple, interest. For the reasons discussed below, we agree with the appellant that the district court’s award of compound interest was in error.
BACKGROUND
The facts of this case were thoroughly laid out by this Court in…
2Cases cited21 opinions
- Cody v. Connecticut General Life InsuranceMassachusetts Supreme Judicial Court · 1982
- Hakim v. Massachusetts Insurers' Insolvency FundMassachusetts Supreme Judicial Court · 1997
- Continental Casualty Co. v. Gilbane Building Co.Massachusetts Supreme Judicial Court · 1984
- Liberty Mutual Insurance Company v. Carol A. GibbsCourt of Appeals for the First Circuit · 1985
- Alison H. v. ByardCourt of Appeals for the First Circuit · 1998
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- RFF Family Partnership, LP v. Link Development, LLCDistrict Court, D. Massachusetts · 2012
- Banco Do Brasil, S.A. v. 275 Washington Street Corp.District Court, D. Massachusetts · 2010
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