Legal Opinion

Kokoletsos v. Frank Babcock & Son, Inc.

Supreme Court of Vermont

Decided December 4, 1987No. 83-614PublishedCited by 15 opinions

1Opinion of the CourtPeck, J.

Defendants appeal a judgment enforcing a secured promissory note. We affirm.

On appeal, appellants raise two issues; first, that the trial court’s denial of a continuance was an abuse of discretion, and second, that the trial court erred by failing to render judgment in favor of appellants on the basis of the affirmative defenses of economic duress and lack of consideration.

The facts are not disputed. Plaintiff Basil Kokoletsos and defendants Frank and Ray Babcock were shareholders in a corporation, Frank Babcock & Son, Inc. (corporation). The corporation was formed primarily to construct and…

2Cases cited11 opinions

  1. Fruhauf Southwest Garment Co. v. United StatesUnited States Court of Claims · 1953
  2. In re R. S.Supreme Court of Vermont · 1983
  3. Gerber v. First National BankAppellate Court of Illinois · 1975
  4. Morrill v. Amoskeag Savings BankSupreme Court of New Hampshire · 1939
  5. Cartin v. Continental Homes of New HampshireSupreme Court of Vermont · 1976

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

3Cited by15 opinions

  1. In re Woodstock Community Trust and Housing Vermont PRDSupreme Court of Vermont · 2012
  2. Cameron v. BurkeSupreme Court of Vermont · 1990
  3. Kohut v. KohutSupreme Court of Vermont · 1995
  4. Perrott v. JohnstonSupreme Court of Vermont · 1989
  5. Colony Park Associates v. GallSupreme Court of Vermont · 1990

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

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