New Bedford Institution for Savings v. Gildroy

36 Mass. App. Ct. 647 (1994)

634 N.E.2d 920

NEW BEDFORD INSTITUTION FOR SAVINGS

vs.

C.L. GILDROY.

No. 92-P-1180.

Appeals Court of Massachusetts, Bristol.

November 18, 1993.

June 15, 1994.

Present: BROWN, KAPLAN, & LAURENCE, JJ.

Mark A. Pogue, of Rhode Island, for the plaintiff.

Vincent M. Amoroso for the defendant.

LAURENCE, J.

In the summer of 1987, C.L. Gildroy, a Harvard M.B.A. (master of business administration degree) with many years of experience in banking, real estate, and venture capital operations, was a coowner of the Hyannis Regency Hotel with Robert F. Welch, Stephen C. Jones, and another.…