Dalton Point, L.P. v. Regions Bank, Inc.

Barnes, Chief Judge.

Dalton Point, L.P. sued Regions Bank, Inc., seeking reimbursement for money its bookkeeper, Patricia Page, had embezzled from the limited partnership’s bank account over a four-year period. Dalton Point contended the bank was liable because it had notice that the bookkeeper breached her fiduciary duty to the company. The bank denied liability and filed a third-party complaint against Page. The trial court denied summary judgment to the company and granted it to the bank, and Dalton Point appeals. For the reasons that follow, we affirm the trial court.

On appeal we review…