Mississippi

The Water Cooler

By Robert Paine on April 30, 2017

Posted in Investments, Mississippi, News

Court Awards Punitive Damages in Breach of Fiduciary Duty Suit Against Regions

A Chancery Court in Mississippi has entered a final Order (as amended) awarding punitive damages to the Plaintiffs in their suit against Regions Bank for breach of fiduciary duty, a case we’ve looked at in the past (see Regions Hit…

Trustmark Hit with $2M+ Judgment over Trust Mismanagement

By Robert Paine on November 11, 2016

Posted in Distributions, Mississippi

This is the final installment of a series of posts that examine recent litigation against bank trustees in Mississippi. For the prior installments, please see Regions Hit with $4M Judgment over Trust Mismanagement and Renasant Settles Trust Mismanagement Litigation.

While it is critical for a corporate Trustee to have a process, it is equally…

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Mississippi

The Water Cooler

Court Awards Punitive Damages in Breach of Fiduciary Duty Suit Against Regions

Trustmark Hit with $2M+ Judgment over Trust Mismanagement

This is the final installment of a series of posts that examine recent litigation against bank trustees in Mississippi. For the prior installments, please see Regions Hit with $4M Judgment over Trust Mismanagement and Renasant Settles Trust Mismanagement Litigation.

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