Banking Institution
- In August, this firm was successful in a six figure settlement against a major banking institution. The case involved our client, a manufactured home builder against both a contractor and bank. Previously, the bank had issued a joint check by agreement of the parties to the home builder under the builder's contract with the mortgage company. The builder converted the funds and was able to deposit the check with the banking institution with a forged endorsement on the back of the check. Our client brought suit in Plymouth Superior Court seeking recovery of all amounts due and attorney's fees against both the builder and the bank for negligence under the Massachusetts Uniform Commercial Code.
