PETERSON v. U.S. BANK NAT. ASS'N

Civil Action No. 12-10009-WGY.

918 F.Supp.2d 89 (2013)

Edith PETERSON, Douglas Backman, Maurice Foulke, Lia Glovsky, Peggy Grodan, Lois Klempner, Thomas Lee, Amy Sherter Less, Joseph Less, Lynee E. Thorton, Freida Alpert, Trustee of the Sidney D. Alpert Trust, Thomas W. Bowen, Trustee of the Thomas W. Bowen Revocable Trust, Paul E. Cohan, Trustee of the Paul E. Cohan Revocable Trust, Maureen S. DeMarco, Trustee of the Maureen S. DeMarco Revocable Trust, Eric Drummer, Trustee of the Alexander R. Zheutlin Trust, Melvin L. Levin, Trustee of the Melvin L. Levin 1992 Trust, Gloria Plourde, Trustee of the Gloria J. Plourde Trust, Sidney Sherter, Individually and as Trustee of the Beatrice Sherter 1989 Family Trust, and as Trustee of the SLS Realty Trust, Wendell Walker, Trustee of the Wendell R. Walker Revocable Trust, William F. Weber, Trustee of the William F. Weber Trust, Kathryn Yates, Trustee of the Kathryn M. Yates Revocable Truste, Jeffrey Zheutlin, Trustee of the Jeffrey D. Zheutlin Trust, Marilyn Zheutlin, Trustee of the Marilyn C. Zheutlin Living Trust, Terry Zheutlin, Individually and as Trustee of the Alexander R. Zheutlin Trust, and Joseph Less, Plaintiffs, v. U.S. BANK NATIONAL ASSOCIATION, Defendant.

United States District Court, D. Massachusetts.

January 23, 2013.


Attorney(s) appearing for the Case

Jonathan D. Plaut , Chardon Law Offices, Robert D. Cohan , Cohan, Rasnick, Myerson LLP, Boston, MA, for Plaintiffs.

Matthew C. Hurley , Alec Zadek , Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, PC, Boston, MA, for Defendant.


MEMORANDUM

YOUNG, District Judge.

I. INTRODUCTION

The plaintiff Bondholders (the "Bondholders") in this case are suing U.S. Bank National Association ("U.S. Bank"), their indenture trustee, for its actions during the bond's default, and subsequent sale of the mortgage securing the bonds. Am. Compl. ("Compl."), ECF No. 7. The plaintiffs bring seven claims in contract and tort: breach of contract, breach of the implied covenant of good faith...

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