Era-Northern Associates v. Border Trust Co.

ROBERTS, Justice.

Border Trust Company (the Bank) appeals from a judgment entered in the Superior Court (Kennebec County, Alexander, J.) finding that the Bank had been unjustly enriched in the amount of $14,500 by the real estate brokerage efforts of ERA-Northern Associates. We conclude that there is no competent evidence to support a finding that the Bank retained a benefit of $14,500, and accordingly we vacate the judgment.

In the spring of 1990 Michael Ouellette purchased a parcel of real estate in Monson on which a store, garage, and a single-family residence were located. The Bank financed…