ME FAM. FED. CREDIT v. SUN LIFE ASSUR.


727 A.2d 335 (1999)

1999 ME 43

MAINE FAMILY FEDERAL CREDIT UNION v. SUN LIFE ASSURANCE COMPANY OF CANADA et al.

Supreme Judicial Court of Maine.

Decided March 3, 1999.


Attorney(s) appearing for the Case

Daniel L. Cummings (orally), Norman, Hanson & DeTroy, Portland, for plaintiff.

Seth W. Brewster (orally), James G. Goggin, Verrill & Dana, LLP, Portland, for defendant Sun Life Assurance.

Elliott L. Epstein (orally), Isaacson & Raymond, P.A., Lewiston, for defendants Daniel, Joel, and Claire Guerrette.

Gretchen L. Jones, Maine Credit Union League, Portland, for amicus curiae.

Before WATHEN, C.J., and RUDMAN, SAUFLEY, and ALEXANDER, JJ.


SAUFLEY, J.

[¶ 1] We are called upon here to address the concept of "holder in due course" as defined by recent amendments to the negotiable instruments provisions of the Maine Uniform Commercial Code. We conclude that, pursuant to those amendments, the Superior Court (Cumberland County, Calkins, J.) did not err when it entered a judgment based on the jury's finding that the Maine Family Federal Credit Union was not a holder in due course. Because we find...

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