BOTTERO ENTER. v. SO. NEW ENGLAND PROD. CR.

No. 84-1243.

743 F.2d 57 (1984)

BOTTERO ENTERPRISES, INC., et al., Plaintiffs, Appellants, v. SOUTHERN NEW ENGLAND PRODUCTION CREDIT ASSOCIATION, Defendant, Appellee.

United States Court of Appeals, First Circuit.

Decided September 18, 1984.


Attorney(s) appearing for the Case

Robert S. Wolfe, Boston, Mass., with whom Lewis Lasher, and Wolfe Associates, Boston, Mass., were on brief, for plaintiffs, appellants.

Robert E. Allen, Jr., Raynham, for defendant, appellee.

Before CAMPBELL, Chief Judge, BOWNES, Circuit Judge, and PEREZGIMENEZ, District Judge.


BOWNES, Circuit Judge.

The plaintiffs, Bottero Enterprises, Inc., and its President and Treasurer, Gian D.R. Bottero (collectively referred to as "Bottero"), entered into four separate loan transactions with the defendant, Southern New England Production Credit Association (SNEPCA). These loans and the subsequent foreclosure of ship mortgages and real estate mortgages were the subject of prior actions in the federal district...

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