Fidelity Bond Insurance Case Settled

February 2009

Rick Hall and Mike Tanner completed extremely complicated fidelity bond litigation on behalf of a community bank. The final defendant, one of the bank’s fidelity bond insurers, reached a confidential settlement with the bank. The lawsuit alleged breach of contract and bad faith against two fidelity bond insurers and breach of fiduciary duty against a former executive. Previous confidential settlements had been entered with the former executive in the bank and the other fidelity bond insurer.

Related Practice Area: Estate & Trust Litigation