Family Partners Worldwide, Inc. v. Suntrust Bank

Miller, Judge.

Family Partners Worldwide, Inc. arranged international adoptions and set up a separate corporation as a foundation to raise funds for the adoptions. The board of directors and the chief executive officer (CEO), Keith McGrew, were the same for both corporations. Unknown to the directors, McGrew opened an account in the name of the foundation at SunTrust Bank, which he allegedly used to convert funds from Family Partners. Claiming some checks had been stolen, McGrew later closed the account and opened a new account that had the same name and allegedly served the same purpose of…