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GOVERNOR AND CO. OF BANK OF SCOTLAND v. WASSERMAN

C.A. No. 10-328-M.

928 F.Supp.2d 400 (2013)

The GOVERNOR AND COMPANY, OF the BANK OF SCOTLAND, Plaintiff, v. Bernard WASSERMAN, David Wasserman, and Richard Wasserman, Defendants.

United States District Court, D. Rhode Island.

March 5, 2013.

Attorney(s) appearing for the Case

Gayle P. Ehrlich , Jeffrey E. Francis , Pierce Atwood LLP, Boston, MA, Michael J. Daly , Pierce Atwood LLP, Peter J. Furness , Boyajian, Harrington, Richardson & Furness, Providence, RI, for Plaintiff.

Anthony M. Traini , Adam M. Ramos , Hinckley, Allen & Snyder LLP, Providence, RI, for Defendants.

MEMORANDUM AND ORDER

JOHN J. McCONNELL, JR., District Judge.

This case involves a contract, personally guaranteed by the three businessmen, for a bank loan to allow for the purchase of a former St. Andrews University dormitory in Scotland to be developed into fractional ownership units. It is undisputed that the Defendants, Bernard Wasserman, Richard Wasserman, and David Wasserman, breached the contract...

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