TITLE

Judge Keeps U.S. Trust in Suit; Stage Set for Appeals Hearing

AUTHOR(S)
Hume, Lynn
PUB. DATE
July 2003
SOURCE
Bond Buyer;7/23/2003, Vol. 345 Issue 31683, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that Washington State judge Alan R. Hancock has refused to dismiss U.S. Trust Co. from an investor lawsuit over a bond issue involving the Holmes Harbor Sewer District before a jury trial is held. Possibility of review of the case that U.S. Trust claims could have adverse ramifications for all trustees in municipal bond offerings by a state appeals court; Request by the U.S. Trust to the state Court of Appeals in Seattle, Washington State, to overturn the ruling; Comments of David Hoff, a lawyer who is representing U.S. Trust in the suit, on Hancock's ruling.
ACCESSION #
10341653

 

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