Scott v. Branch Banking and Trust Co.

MEMORANDUM OPINION

GLEN E. CONRAD, District Judge.

The plaintiffs, T. Michael Scott (“Scott”), Catherine C. Davis (“Mrs. Davis”), and Michael D. Davis (“Mr. Davis”), and Suf-fern Associates, LLC (“Suffern”) filed this diversity action asserting that the defendant, Branch Banking and Trust Co. (“BB & T”), breached the terms of an escrow agreement to which the plaintiffs are parties. This matter is before the court on the defendant’s motion to dismiss. For the reasons set forth below, the motion will be granted.

FACTUAL AND PROCEDURAL BACKGROUND

The following facts, which are taken from the…