United States First Circuit

Plaintiff's obligations under the agreements are secured by the dragnet clause contained in them. Defendant did not violate Mass. Gen. Laws ch. 93A and was entitled to require that plaintiff deposit 1.5% of the value of the outstanding installment contracts as a condition of releasing its first-position security interest in plaintiff's assets.

Appellate Information

• Decided 05/27/2004
• Published 05/27/2004

Judges

• LYNCH, Circuit Judge., Before BOUDIN, Chief Judge, LYNCH, Circuit Judge, and HOWARD, Circuit Judge.

Court

• United States First Circuit

Counsel

• For Appellant:
  
• Preston W. Halperin, with whom Christine L. DeRosa and Shechtman Halperin Savage, LLP were on brief, for appellants.


• For Appellees:
  
• Jonathan D. Deily, with whom Richard C. Maider and Deily, Mooney & Glastetter, LLP were on brief, for appellee.