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WATERS v. MIN LTD.

412 Mass. 64 (1992)

587 N.E.2d 231

GAIL A. WATERS vs. MIN LTD. & others.

Supreme Judicial Court of Massachusetts, Essex.

February 27, 1992.

Attorney(s) appearing for the Case

James J. McNulty for the defendants.

Nicholas J. Decoulos for the plaintiff.

Present: LIACOS, C.J., WILKINS, ABRAMS, NOLAN, & LYNCH, JJ.

LYNCH. J.

This case arises from a contract between Gail A. Waters (plaintiff) and "the DeVito defendants"2 (defendants), whereby the plaintiff was to assign her annuity policy having a cash value of $189,000 to the defendants in exchange change for $50,000. The plaintiff brought suit to rescind the contract on the ground of unconscionability. Defendant Min Ltd. counterclaimed seeking declaratory...

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