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HARRY AND JEANETTE WEINBERG FOUND. INC. v. ANB INV. MGT. AND TRUST CO.

Civil No. JFM-96-3770.

966 F.Supp. 389 (1997)

THE HARRY AND JEANETTE WEINBERG FOUNDATION INCORPORATED v. ANB INVESTMENT MANAGEMENT AND TRUST COMPANY

United States District Court, D. Maryland.

May 7, 1997.

Attorney(s) appearing for the Case

Charles P. Scheeler, Piper and Marbury, Baltimore, MD, Shale D. Stiller, Frank, Bernstein, Conaway & Goldman, Baltimore, MD, for plaintiff.

Paul Walter, Tydings & Rosenberg, Baltimore, MD, for defendant.

MEMORANDUM

MOTZ, District Judge.

This action has been brought by The Harry and Jeanette Weinberg Foundation Incorporated ("the Foundation") against ANB Investment Management and Trust Company ("ANB"). The Foundation is a Maryland-based private charitable foundation, and ANB is an Illinois trust company that entered into a contract whereby it would administer over $250,000,000 of the Foundation's funds. The gravamen of the Foundation's claims is that ANB...

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