Alice Rodes Fitch v. Midland Bank & Trust
TN.942, 737 S.W.2d 785 (1987)
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Publisher Description
After judgment was entered against defendant bank on a letter of credit and following the trial of the third party complaint against two former officers and directors and the law firm involved in the letter of credit transaction, the chancellor dismissed the third party complaint which was based on alleged negligence, breach of fiduciary duty and conspiracy to defraud. We adopt pertinent findings by the chancellor: