FLEET NAT. BANK v. 175 POST ROAD, LLC

No. 2002-182-Appeal.

851 A.2d 267 (2004)

FLEET NATIONAL BANK, Trustee v. 175 POST ROAD, LLC.

Supreme Court of Rhode Island.

June 21, 2004.


Attorney(s) appearing for the Case

Thomas S. Hemmendinger (Receiver), for Plaintiff.

Armando O. Monaco, II, East Greenwich, for Defendant.

Present: WILLIAMS, C.J., FLANDERS, GOLDBERG, FLAHERTY, and SUTTELL, JJ.


OPINION

SUTTELL, Justice.

Is it an instance of a mutual mistake between two sophisticated parties to a real estate contract when one of the parties realizes that it misunderstood the terms of the bargain despite having two opportunities to clarify any misunderstandings in the written contract? In this appeal from a Superior Court judgment in response to a petition for instructions by a receiver regarding the rights and obligations of parties to a purchase...

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