The Penobscot Indian tribe yesterday filed suit in federal court against Key Ban

Authors

Source

Portland Press Herald

Date

9-15-1994

Pages

11B

Abstract

The Penobscot Indian tribe yesterday filed suit in federal court against Key Bank of Maine; the law firm of Bernstein, Shur, Sawyer and Nelson; and others, claiming it was swindled out of millions of dollars because of its investment in Schiavi Homes, a mobile home retailer. The tribe paid $5 million for a limited partnership in Schiavi in 1986, and the company failed several years later. The suit seeks $15 million, and also names Consumers Water Co., SHC Corp., Burlington Homes of New England, John Schiavi, John Palmer, Palmer Management Co. and Palmer Development Co.

Subjects

Actions and defenses, Penobscot Indians, Schiavi Homes Corp -- Oxford

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