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PEOPLE'S UNITED BANK v. MOUNTAIN HOME DEVELOPERS

Civil No. 11-cv-393-LM.

858 F.Supp.2d 162 (2012)

PEOPLE'S UNITED BANK v. MOUNTAIN HOME DEVELOPERS OF SUNAPEE, LLC; Dana Michael Stevens, Charles Terry Finch, Robert Flanders, Gary Williams, Gina Williams, and Bardon Flanders.

United States District Court, D. New Hampshire.

March 12, 2012.

Attorney(s) appearing for the Case

Daniel P. Luker, Preti Flaherty Beliveau Pachios PLLP, Concord, NH, Michael Brendan Doherty, Preti Flaherty Beliveau Pachios LLP, Boston, MA, for People's United Bank.

Conrad WP Cascadden, Shaheen & Gordon, Concord, NH, Paul R. Kfoury, Sr., Shaheen & Gordon PA, Manchester, NH, for Mountain Home Developers of Sunapee, LLC; Dana Michael Stevens, Charles Terry Finch, Robert Flanders, Gary Williams, Gina Williams, and Bardon Flanders.

ORDER

LANDYA McCAFFERTY, United States Magistrate Judge.

People's United Bank ("PU Bank"), as mortgagee, seeks to recover the difference between the amount it realized from a foreclosure sale and the amount defendants (hereinafter "Mountain Home"), as mortgagors, still owe on loans made to them by PU Bank's predecessor in interest, Butler Bank ("Butler"). Mountain Home has asserted counterclaims for breach of the fiduciary duties of good faith and...

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