Legal Opinion
Seppala & Aho Construction Co. v. Petersen
Massachusetts Supreme Judicial Court
Decided September 14, 1977PublishedCited by 40 opinions
1Opinion of the CourtQuirico, J.
The plaintiff Seppala & Aho Construction Co., Inc. (Seppala & Aho), junior creditor of the mortgagor, Ronrino Realty Trust (Ronrino), brought a bill in equity in the Superior Court against the first mortgagee, the trustees of Fidelco Growth Investors (Fidelco). The bill alleged that Fidelco had violated a duty owed to the plaintiff to exercise due diligence to commence proceedings to foreclose a mortgage on real estate in Leominster, and that as a result of Fidelco’s delay Seppala & Aho lost its lien on the mortgagor’s equity in the property. The trial judge found for the plaintiff, and…
2Cases cited46 opinions
- Sandler v. SilkMassachusetts Supreme Judicial Court · 1935
- DesLauries v. SheaMassachusetts Supreme Judicial Court · 1938
- Marshall v. . DaviesNew York Court of Appeals · 1879
- Beaton v. Land CourtMassachusetts Supreme Judicial Court · 1975
- Clark v. SimmonsMassachusetts Supreme Judicial Court · 1890
41 more not listed; retrieve them via the Exa API.
3Cited by40 opinions
- US Bank National Association v. IbanezMassachusetts Supreme Judicial Court · 2011
- In Re Prichard Plaza Associates Ltd. PartnershipUnited States Bankruptcy Court, D. Massachusetts · 1988
- Williams v. Resolution GGF OyMassachusetts Supreme Judicial Court · 1994
- General Industries, Inc. v. Shea (In Re General Industries, Inc.)United States Bankruptcy Court, D. Massachusetts · 1987
- States Resources Corp. v. Architectural Team, Inc.Court of Appeals for the First Circuit · 2005
35 more not listed; retrieve them via the Exa API.