John B. Tigrett v. Union Planters Bank

IN THE COURT OF APPEALS OF TENNESSEE AT JACKSON May 2000 Session JOHN B. TIGRETT v. UNION PLANTERS BANK A Direct Appeal from the Circuit Court for Shelby County No. 77595 T.D. The Honorable Robert L. Childers, Judge No. W1999-01771-COA-R3-CV - Filed August 24, 2000 Bank, as escrow agent, was authorized by chancery court in a declaratory judgment suit to sell certain stock held in escrow. The stock was sold pursuant to a tender offer at the behest of the secured parties over the objection of the stock owner. Bank and the secured parties asserted in the declaratory judgment suit that there was…