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PEOPLE'S HERITAGE SAV. BANK v. RECOLL MANAGEMENT

Civ. A. No. 92-261.

814 F.Supp. 159 (1993)

PEOPLE'S HERITAGE SAVINGS BANK, Plaintiff, v. RECOLL MANAGEMENT, INC., Defendant.

United States District Court, D. Maine.

February 24, 1993.

Attorney(s) appearing for the Case

William K. McKinley, Richardson & Troubh, Portland, ME, Gary Greenberg, Goldstein & Manello, Boston, MA, for plaintiff, People's Heritage.

John Milazzo, Portland, ME, John A. Houlihan, Edwards & Angell, Boston, MA, for defendant, Recoll Management, Inc.

MEMORANDUM OF DECISION AND ORDER

GENE CARTER, Chief Judge.

In this six-count action, Plaintiff, People's Heritage Savings Bank ("PHSB") seeks monetary damages from Defendant, Recoll Management ("Recoll"), based on state law claims arising from the alleged breach of a Loan Participation Agreement.1 The claims include breach of contract (Count I); negligence (Count II); failure to act in a commercially reasonable manner (Count...

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