Rhode Island Depositors Economic Protection Corp. v. Hayes
Court of Appeals for the First Circuit
1Opinion of the Court
STAHL, Circuit Judge.
Limited partners who personally guaranteed the partnership’s obligations to a credit union seek indemnification on their guaranty, as well as damages, from the attorney (and his law firm) representing the partnership. The district court entered summary judgment for the attorneys. We now affirm.
I
FACTUAL BACKGROUND AND PRIOR PROCEEDINGS
During the heady late eighties, Carol La-vin, a Jamestown, Rhode Island real estate agent, conceived a plan to purchase and develop luxury homes on an eighty-acre tract of land located in Jamestown. Lavin, a novice at real estate development,…
2Cases cited10 opinions
- Warren B. Sheinkopf v. John K.P. Stone Iii, Etc.Court of Appeals for the First Circuit · 1991
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- Arthur Araujo v. Woods Hole, Martha's Vineyard, Nantucket Steamship Authority v. New England Telephone Co., Third-PartyCourt of Appeals for the First Circuit · 1982
- Roy v. Star Chopper Co., Inc.District Court, D. Rhode Island · 1977
- Muldowney v. Weatherking Products, Inc.Supreme Court of Rhode Island · 1986
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