KLEIN v. WOLF RUN RESORT, INC.

No. 93-365.

659 A.2d 1153 (1995)

John A. KLEIN v. WOLF RUN RESORT, INC., et al.

Supreme Court of Vermont.

April 14, 1995.


Attorney(s) appearing for the Case

Jesse D. Bugbee of Kissane, Yarnell & Cronin, St. Albans, for plaintiff-appellee.

W. Owen Jenkins, Essex Junction, for defendant-appellant.

Before ALLEN, C.J., and GIBSON, DOOLEY, MORSE and JOHNSON, JJ.


JOHNSON, Justice.

Defendant Wolf Run Resort, Inc. defaulted on an agreement with plaintiff lender and appeals from a decision of the Franklin Superior Court declaring that plaintiff could recover the principal amount of the loan, despite plaintiff's noncompliance with Vermont's Licensed Lenders Law (8 V.S.A. § 2201). We affirm.

Plaintiff lent defendant $120,000 for two years, secured by two parcels of land in Bakersfield and a security interest in certain...

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