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UNIDINIAL MERCANTILE CORP. v. MANUFACTURERS' HANOVER TRUST CO.

No. 91-801.

593 So.2d 323 (1992)

UNIDINIAL MERCANTILE CORPORATION, a Panamanian corporation, Appellant, v. MANUFACTURERS' HANOVER TRUST COMPANY OF FLORIDA, a Florida chartered trust company, Appellee.

District Court of Appeal of Florida, Third District.

February 18, 1992.

Attorney(s) appearing for the Case

Bienstock & Associates; Hicks, Anderson & Blum and Ralph O. Anderson, Miami, for appellant.

Kelley, Drye, & Warren and Christian D. Keedy and Craig Olmstead, Miami, for appellee.

Before NESBITT, FERGUSON and COPE, JJ.

PER CURIAM.

Unidinial sued Manufacturers' Hanover Trust for mismanaging its discretionary investment portfolio. Manufacturers' Hanover was granted a summary judgment on its affirmative defense that Unidinial had ratified actions of Manufacturers' which violated the investment criteria established by the parties.

We agree with Unidinial that, on the ratification defense, Manufacturers' failed to show the nonexistence of issues of material fact. John Sawyer...

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