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LIBERTY S. & L. ASS'N v. MITCHELL

No. 52281.

398 So.2d 208 (1981)

LIBERTY SAVINGS & LOAN ASSOCIATION v. Charles A. MITCHELL et al.

Supreme Court of Mississippi.

May 6, 1981.

Attorney(s) appearing for the Case

Richard D. Gamblin, Thomas G. Lilly, Richard B. Wilson, Jr., Wise, Carter, Child & Caraway, William E. Spell, Sullivan, Hunt, Spell, Shackelford & Henson, Jackson, for appellant.

Hunter M. Gholson, Ralph E. Rood, Gholson, Hicks & Nichols, Columbus, Fred C. DeLong, Jr., Campbell & DeLong, J. Robertshaw, Robertshaw & Merideth, Greenville, for appellees.

Before SMITH, P.J., and LEE and BOWLING, JJ.

LEE, Justice, for the court:

Liberty Savings and Loan Association (Liberty) filed suit in the Circuit Court of Washington County, Honorable B.B. Wilkes, presiding, against Charles A. Mitchell (Mitchell) and others, for damages in the sum of twenty-six million dollars ($26,000,000) based on an alleged breach of fiduciary duty by Mitchell in the management of the association. After an extended period of time, during which...

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