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STONE AND MICHAUD INS., INC. v. BANK FIVE FOR SAV.

Civ. No. 90-485-D.

785 F.Supp. 1065 (1992)

STONE AND MICHAUD INSURANCE, INC. v. BANK FIVE FOR SAVINGS.

United States District Court, D. New Hampshire.

March 6, 1992.

Attorney(s) appearing for the Case

Richard F. Therrien, Manchester, N.H., for plaintiff.

Steven A. Solomon, Manchester, N.H., John H. Henn, Boston, Mass., for defendant.

ORDER

DEVINE, Chief Judge.

In this civil action, an insurance agency seeks recovery of more than $95,000 for unpaid insurance premiums for coverage provided for a real estate development. Plaintiff contends that Bank Five for Savings ("Bank"), is liable for the monies owed because the relationship existing between the insured and Bank allegedly went beyond that of borrower and lender and was actually a partnership or joint venture. Plaintiff's amended complaint...

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