Gomez v. Huntington Trust Co., NA

ORDER

CARR, District Judge.

This case involves a claim by plaintiffs that the defendant Huntington Trust Co. (“Huntington”) breached an Escrow Agreement which protected plaintiffs’ investment in an all-or-nothing stock offering by the defendant Towne Bank (“Towne”). Pending are plaintiffs’ and Huntington’s cross motions for summary judgment (Docs. 255 and 271). Because plaintiffs were third party beneficiaries of the Escrow Agreement and Huntington failed on several occasions to fulfill its obligations to the plaintiffs, their motion for summary judgment shall be granted in part and…