Continental Insurance Companies v. Bayless & Roberts, Inc.

OPINION

BOOCHEVER, Chief Justice.

Continental has appealed from a superior court order holding it in contempt of court and imposing a fine of $10,000.00. Continental has also filed a petition for writ of prohibition or mandamus vacating or prohibiting the enforcement of the order. This case presents important issues concerning process requirements relating to contempt procedures and the extent of the superior court’s power to punish for contempt.

Bayless & Roberts, Inc. (“B&R”) sued Continental Insurance Companies and Arthur Stanford (“Continental”) for breach of fiduciary duty. On February 25,…