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SURE-SNAP CORP. v. BRADFORD NAT. BANK

Civ. A. Nos. 90-173, 90-144.

128 B.R. 885 (1991)

SURE-SNAP CORP., The Estate of Alfred Shure and Elaine Shure, Plaintiffs, v. BRADFORD NATIONAL BANK, Defendant. SURE-SNAP CORP., a New York corporation, The Estate of Alfred Shure, by and through its Personal Representative Elaine Shure and Elaine Shure, Individually, Plaintiffs, v. STATE STREET BANK AND TRUST COMPANY, Defendant.

United States District Court, D. Vermont.

May 10, 1991.

Attorney(s) appearing for the Case

David C. Pollack, Glenn Waldman, Stroock & Stroock & Lavan, Miami, Fla. and Richard H. Saudek, Cheney, Brock & Saudek, Montpelier, Vt., for plaintiffs.

Charles W. Throckmorton, Koyzak, Tropin & Throckmorton, Miami, Fla., for defendant Bradford Nat. Bank.

Daniel Lyne, Hanify & King, Boston, Mass. and Geoffrey W. Crawford, O'Neill & Crawford, Burlington, Vt., for defendant State Street Bank and Trust Co.

OPINION AND ORDER

PARKER, District Judge.

Defendants in these companion cases each moved to dismiss plaintiffs' lender liability actions. The motions were consolidated, converted to motions for summary judgment, and heard by the Court on April 1, 1991. Both motions are hereby GRANTED.

I. BACKGROUND

Plaintiffs (hereafter often denominated collectively as "Sure-Snap") are a reorganized Chapter 11 debtor, which formerly manufactured and distributed...

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