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ROCKWOOD v. SKF USA INC.

No. 11-1105.

687 F.3d 1 (2012)

Robert ROCKWOOD and Roxana Marchosky, Plaintiffs, Appellants, v. SKF USA INC., Defendant, Appellee.

United States Court of Appeals, First Circuit.

Decided June 28, 2012.

Attorney(s) appearing for the Case

Christopher R. Pudelski , with whom Law Offices of Christopher R. Pudelski, was on brief for appellants.

David Richman , with whom Matthew Williams , Pepper Hamilton LLP, Peter G. Callaghan , and Preti Flaherty Beliveau & Pachios, PLLP, were on brief for appellee.

Before LYNCH, Chief Judge, TORRUELLA and SELYA, Circuit Judges.

TORRUELLA, Circuit Judge.

Plaintiffs-Appellants Robert Rockwood ("Rockwood") and Roxana Marchosky ("Marchosky") (collectively, "Appellants") appeal the district court's grant of summary judgment to Defendant-Appellee SKF USA Inc. ("SKF"). Appellants allege that they agreed to personally guarantee certain loans in reliance on promises by SKF to invest in a joint business venture and to purchase Appellants' company. When SKF failed to deliver on these alleged promises...

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