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CADMAN v. BOND

Civ. A. No. 84-3122-C.

603 F.Supp. 1335 (1985)

George R. CADMAN, et al., Plaintiffs, v. Richard M. BOND, et al., Defendants.

United States District Court, D. Massachusetts.

March 13, 1985.

Attorney(s) appearing for the Case

T. David Houghton, Hyannis, Mass., for plaintiffs.

Harvey Weiner, Peabody & Arnold, Boston, Mass., for defendants.

MEMORANDUM

CAFFREY, Chief Judge.

This is a civil diversity action in which plaintiffs George R. and Bobbie Jo Cadman make allegations for breach of contract, breach of fiduciary duty and fraud against defendants Richard M. and Carol B. Bond. The transaction in question involved the sale of a 46 foot Cal 2-46 ketch-rigged sailboat ("ketch") to the defendants, the consideration for which included a "purchase-money mortgage" on the ketch and a beneficial interest...

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