LaROCHE v. VERMONT FEDERAL BANK, FSB

Civ. A. Nos. 85-238, 85-241.

626 F.Supp. 1157 (1986)

David LaROCHE, as Trustee of the LaRoche Grantor Income Trust v. VERMONT FEDERAL BANK, FSB. VERMONT FEDERAL BANK, FSB and William J. Cody, Jr., v. David LaROCHE, as Trustee of the LaRoche Grantor Income Trust and LaRoche Grantor Income Trust.

United States District Court, D. Vermont.

January 24, 1986.


Attorney(s) appearing for the Case

William W. Pearson, Downs, Rachlin & Martin, Burlington, Vt., and Martha V. Gordon, Manchester, N.H., for David LaRoche.

Clarke A. Gravel and Robert B. Hemley, Gravel & Shea, Burlington, Vt., and Joseph M. Hassett, John C. Keeney, Jr., Martha L. Roadstrum, James G. Middlebrooks, Hogan & Hartson, Washington, D.C., for Vermont Federal Bank, FSB and William Cody.


OPINION AND ORDER

BILLINGS, District Judge.

On November 29, 1985, David LaRoche as Trustee of the LaRoche Grantor Income Trust, and the LaRoche Grantor Income Trust (hereinafter collectively referred to as "LaRoche") filed with this Court, pursuant to Fed.R.Civ.P. 56, a motion for summary judgment in their favor concerning the validity of Section 8 of the Vermont Federal Bank Charter. On December 6, 1985, David...

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