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NEW BEDFORD INSTITUTION FOR SAVINGS v. GILDROY

No. 92-P-1180.

36 Mass. App. Ct. 647 (1994)

634 N.E.2d 920

NEW BEDFORD INSTITUTION FOR SAVINGS vs. C.L. GILDROY.

Appeals Court of Massachusetts, Bristol.

June 15, 1994.

Attorney(s) appearing for the Case

Mark A. Pogue, of Rhode Island, for the plaintiff.

Vincent M. Amoroso for the defendant.

Present: BROWN, KAPLAN, & LAURENCE, JJ.

LAURENCE, J.

In the summer of 1987, C.L. Gildroy, a Harvard M.B.A. (master of business administration degree) with many years of experience in banking, real estate, and venture capital operations, was a coowner of the Hyannis Regency Hotel with Robert F. Welch, Stephen C. Jones, and another. Welch and Jones were at the time also owners of the Taunton Regency Hotel, then under construction, in which Gildroy had no...

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