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UNITED STATES v. LANG

Civ. A. No. 84-176.

610 F.Supp. 292 (1985)

UNITED STATES of America v. Sandra P. LANG, Constance A. Tidd, Mary K. Wanger and Peter Wanger.

United States District Court, D. Vermont.

June 18, 1985.

Attorney(s) appearing for the Case

Christopher B. Baril, Asst. U.S. Atty., Rutland, Vt., for plaintiff.

Norman C. Smith, Bloomberg & Greenberg, Burlington, Vt., for defendant Sandra P. Lang.

Michael L. Burak, Goldstein, Manello & Burak, Burlington, Vt., for defendants Mary K. Wanger and Peter Wanger.

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...

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