Clean Harbors, Inc. v. John Hancock Life Insurance

The plaintiff, Clean Harbors, Inc. (Clean Harbors), appeals from summary judgment entered in favor of the defendant lenders (collectively, “John Hancock”) on Clean Harbors’s claims that the “make whole amount” charged by the defendants upon Clean Harbors’s early repayment of a loan was improper, and that certain of the defendants violated G. L. c. 271, § 49, the usury statute. The defendants cross-appeal from what they consider to be an insufficient attorney’s fee award.2

We affirm the judge’s rulings regarding the enforceability of the make whole amount provisions of the parties’ loan…