Legal Opinion
Klein v. Wolf Run Resort, Inc.
Supreme Court of Vermont
Decided April 14, 1995No. 93-365PublishedCited by 3 opinions
1Opinion of the CourtJohnson, J.
Defendant Wolf Run Resort, Inc. defaulted on an agreement with plaintiff lender and appeals from a decision of the Franklin Superior Court declaring that plaintiff could recover the principal amount of the loan, despite plaintiff’s noncompliance with Vermont’s Licensed Lenders Law (8 V.S.A. § 2201). We affirm.
Plaintiff lent defendant $120,000 for two years, secured by two parcels of land in Bakersfield and a security interest in certain personal property. Only interest was due until maturity, but early in 1989 defendant defaulted, after paying $4,789.04 in interest, as well as a $2,400…
2Cases cited11 opinions
- Ewell v. DaggsSupreme Court of the United States · 1883
- Allied Chemical Corporation v. Jack MacKay D/B/A MacKay Farms Ltd.Court of Appeals for the Fifth Circuit · 1983
- Becker v. BeckerSupreme Court of Vermont · 1980
- Glinka v. Bank of Vermont (In Re Kelton Motors, Inc.)United States Bankruptcy Court, D. Vermont · 1991
- Curran v. MarcilleSupreme Court of Vermont · 1989
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3Cited by3 opinions
- Cazzanigi v. General Elec. Credit Corp.Washington Supreme Court · 1997
- Cazzanigi v. General Electric Credit Corp.Washington Supreme Court · 1997
- Hawk Resorts Int'l, L.P. v. ColburnVermont Superior Court · 2011