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MOONEY v. NORTHEAST BANK & TRUST CO.

377 A.2d 120 (1977)

James A. MOONEY, Guardian of Ruth Dunning v. NORTHEAST BANK & TRUST CO. v. HOME FOR AGED WOMEN and Bangor Children's Home.

Supreme Judicial Court of Maine.

September 30, 1977.

Attorney(s) appearing for the Case

Gross, Minsky, Mogul & Singal, P. A., by George Z. Singal, Nathan Dane III, Bangor, for plaintiff.

Twitchell, Bray & Linscott by Kenneth L. Jordan, Jr., Orman G. Twitchell, Bangor, for Northeast Bank.

Eaton, Peabody, Bradford & Veague by Calvin E. True, Arnold L. Veague, Bangor, for third-party defendants.

Before DUFRESNE, C. J., and POMEROY, WERNICK, ARCHIBALD and GODFREY, JJ.

POMEROY, Justice.

Plaintiff, as guardian for Ruth Dunning, brought this action in Penobscot County Superior Court. He alleged that the defendant breached its fiduciary duty when it distributed the principal of a trust created by Frances Triplett. The defendant Bank denies the plaintiff's allegations and has brought a third-party action against the distributees of the trust principal, seeking reimbursement if the defendant/third-party plaintiff is found liable to the...

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