United States First Circuit

Summary judgment for a defendant in a professional negligence claim for damages arising from an inaccurate valuation of assets used as security on a loan made by plaintiff is reversed where the district court erred in concluding defendant's asset valuation was gratuitous.

Appellate Information

• Decided 12/01/2005
• Published 12/01/2005

Judges

• TORRUELLA, Circuit Judge., Before BOUDIN, Chief Judge, TORRUELLA and SELYA, Circuit Judges.

Court

• United States First Circuit

Counsel

• For Appellant:
  
• Michael E. Schoeman, with whom Schoeman, Updike & Kaufman, LLP, was on brief, for appellant.


• For Appellees:
  
• John J. O'Connor, with whom Robert T. Gill and Peabody & Arnold, LLP, were on brief, for appellee MB Valuation Services, Inc., Goulston & Storrs, on brief for appellee Harter, Secrest & Emery, LLP., Donovan Hatem, LLP, on brief for appellee Sardone, Robinson & Schnell.