Northeast Doran v. Key Bank of Maine
United States Court of Appeals for the First Circuit
15 F.3d 1 (1994)
- Written by Rich Walter, JD
Facts
Key Bank of Maine (Key) (defendant) foreclosed on the mortgage it held on a parcel of industrial property in Maine. Key temporarily took over the parcel’s operation while it made prompt arrangements to auction off the parcel to a new owner. Shortly before the foreclosure auction, Key received an environmental assessment indicating that the parcel was polluted. Key did not disclose this information at the auction, and the successful bidder, Northeast Doran, Inc. (Doran) (plaintiff), learned of the parcel’s pollution only later. Doran complied with federal law by reporting the pollution to state authorities, who assessed the company for the cleanup costs. Doran sued to have Key pay those costs. Doran appealed a federal district court’s dismissal of its suit to the First Circuit.
Rule of Law
Issue
Holding and Reasoning (Stahl, J.)
What to do next…
Here's why 832,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 46,500 briefs, keyed to 994 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.
