Casco Northern Bank, N.A. v. New England Sales, Inc.

CLIFFORD, Justice.

The debtor, New England Sales, Inc. (“NES”), appeals from the order of the Superior Court (Cumberland County, Lipez, J.) denying its motion to dissolve an attachment and trustee process ordered ex parte in favor of the creditors, Casco Northern Bank and First National Bank of Boston (“Casco”). Since the motion justice committed neither clear error nor an abuse of discretion in approving an attachment and trustee process in an amount equal to the deficiency in the value of collateral owned by NES, we affirm the order.

NES is a Maine corporation headquartered in Portland and…