No. 13-1128.

735 F.3d 25 (2013)

VFC PARTNERS 26, LLC, Plaintiff, Appellee, v. CADLEROCKS CENTENNIAL DRIVE, LLC and Daniel Cadle, Defendants, Appellants.

United States Court of Appeals, First Circuit.

November 12, 2013.

Attorney(s) appearing for the Case

David H. Rich , with whom Benjamin J. Wish and Todd & Weld, LLP were on brief, for appellants.

Armando E. Batastini , with whom Nixon Peabody LLP was on brief, for appellee.

Before HOWARD, STAHL, and THOMPSON, Circuit Judges.

STAHL, Circuit Judge.

This lawsuit concerns a dispute between a borrower (along with its guarantor) and a lender over various expenses associated with a foreclosure on a parcel of real estate following a loan default. After a bench trial, the district court entered judgment in favor of the lender. For the following reasons, we reverse in part.

I. Facts & Background

Defendant Cadlerocks Centennial Drive, LLC ("Cadlerocks") is a Massachusetts...

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