Mooney v. Northeast Bank & Trust Co.

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 plaintiff on his claim. See Rule 14, M.R.Civ.P. With all parties agreeing, the presiding justice, being of the opinion that this…