VERMONT INDUS. DEV. AUTH. v. SETZE

No. 89-028.

600 A.2d 302 (1991)

VERMONT INDUSTRIAL DEVELOPMENT AUTHORITY v. Paul C. SETZE, Patricia J. Setze, Gordon D. Oxx, Jr., and Carol P. Oxx.

Supreme Court of Vermont.

October 11, 1991.


Attorney(s) appearing for the Case

Nancy J. Creswell and Emily B. Tartter of Paterson & Walke, P.C., Montpelier, for plaintiff-appellee.

Robert A. Gensburg of Gensburg Axelrod & Adler, St. Johnsbury, for defendants-appellants Setze.

Michael J. Hertz of Hertz and Wesley, Brattleboro, for defendants-appellants Oxx.

Before ALLEN, C.J., GIBSON, DOOLEY and JOHNSON, JJ., and PECK, J. (Ret.), Specially Assigned.


JOHNSON, Justice.

Defendants Paul and Patricia Setze appeal from a ruling on a motion for summary judgment, holding them liable to the plaintiff, Vermont Industrial Development Authority (VIDA), for the plaintiff's losses on a contract insuring a commercial loan. Defendants Gordon Oxx and Carol Oxx settled with VIDA prior to argument and are no longer parties to this appeal. We affirm the trial court judgment with respect to the remaining parties.

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