United States v. Lang
District Court, D. Vermont
1Opinion of the Court
OPINION AND ORDER
BILLINGS, District Judge.
This action is brought by the United States on behalf of the Small Business Administration for the alleged failure by various defendants to honor guaranties allegedly made on a promissory note executed on behalf of Neptune Sports Enterprises, Inc. (Neptune Sports). After Nepture Sports defaulted on the note, the United States, as was its' right under 9A V.S.A. § 9-504, sold the assets of the Nautilus Alternative, the collateral which had secured the government’s rights under the note. Since the government did not recover from the sale the full amount…
2Cases cited12 opinions
- Robert C. Hahn v. Francis W. SargentCourt of Appeals for the First Circuit · 1975
- Comfort Trane Air Conditioning Co. v. Trane Co.Court of Appeals for the Fifth Circuit · 1979
- FMA Financial Corp. v. Pro-PrintersUtah Supreme Court · 1979
- Chittenden Trust Co. v. MaryanskiSupreme Court of Vermont · 1980
- First National Bank of Denver v. CillessenColorado Court of Appeals · 1980
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3Cited by4 opinions
- United States v. LangDistrict Court, D. Vermont · 1985
- Vermont National Bank v. HamiltonSupreme Court of Vermont · 1988
- United States v. JensenSupreme Court of Iowa · 1988
- Vermont National Bank v. HamiltonSupreme Court of Vermont · 1988