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MANCHESTER BANK v. CONNECTICUT BANK & TRUST CO.

Civ. No. 78-68-D.

497 F.Supp. 1304 (1980)

The MANCHESTER BANK v. CONNECTICUT BANK AND TRUST COMPANY.

United States District Court, D. New Hampshire.

September 24, 1980.

Attorney(s) appearing for the Case

Jack B. Middleton, Manchester, N. H., for plaintiff.

Michael C. Harvell, Manchester, N. H., for defendant.

MEMORANDUM OPINION

DEVINE, Chief Judge.

This commercial litigation has its source in the combined efforts of two banking institutions to rejuvenate an abandoned paper making facility situated in Lincoln, New Hampshire. Plaintiff, The Manchester Bank ("TMB"), is a New Hampshire banking corporation, and seeks to recoup losses arising from its participation in a loan with defendant, Connecticut Bank and Trust Company ("CBT"). The loan was designed to assist...

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