Legal Opinion
Governor of the Bank of Scotland v. Wasserman
District Court, D. Rhode Island
Decided March 5, 2013No. C.A. No. 10-328-MPublished
1Opinion of the Court
*403MEMORANDUM AND ORDER
JOHN J. McCONNELL, JR, District Judge.
This case involves a contract, personally guaranteed by the three businessmen, for a bank loan to allow for the purchase of a former St. Andrews University dormitory in Scotland to be developed into fractional ownership units. It is undisputed that the Defendants, Bernard Wasserman, Richard Wasserman, and David Wasserman, breached the contract and that the personal guarantees are valid.
The Governor and Company of the Bank of Scotland (“the Bank”) filed suit against the Wassermans for breach of contract and breach of guaranty. (ECF No.…
2Cases cited18 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Warth v. SeldinSupreme Court of the United States · 1975
- Baker v. CarrSupreme Court of the United States · 1962
- McCarthy v. Northwest Airlines, Inc.Court of Appeals for the First Circuit · 1995
- Robert Goldman v. First National Bank of BostonCourt of Appeals for the First Circuit · 1993
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