Soper Trust Lawsuit Intensifies: Legal Hearing Speculates if TEC Will Survive
Soper Trust Lawsuit Intensifies: Legal Hearing Speculates Whether the Episcopal Church Will Survive
Judge Messitte denies Diocese of Washington and PNC bank's motion for summary judgment. Case will go to trial
By Sarah Frances Ives
Special to Virtueonline
www.virtueonline.org
April 14, 2012
The Diocese of Washington's aggressive action against PNC bank continued in a hearing on January 23, 2012. The full transcripts of this hearing recently became publicly available in the United States District Court for the District of Maryland in the Greenbelt, Maryland court file. In this lawsuit, the Diocese of Washington seeks to terminate the trust left by a generous contributor to the Episcopal Church, Mrs. Ruth Gregory Soper, and place this considerable wealth under its own control. The Soper Trust began with $7 million and now has over $25 million. Originally Riggs National Bank managed the trust and after its collapse, PNC bank took over this managing function. (for more about this see other Virtueonline articles, including 10-10-11 www.virtueonline.org)
Read the full story at www.VirtueOnline.org
Judge Messitte denies Diocese of Washington and PNC bank's motion for summary judgment. Case will go to trial
By Sarah Frances Ives
Special to Virtueonline
www.virtueonline.org
April 14, 2012
The Diocese of Washington's aggressive action against PNC bank continued in a hearing on January 23, 2012. The full transcripts of this hearing recently became publicly available in the United States District Court for the District of Maryland in the Greenbelt, Maryland court file. In this lawsuit, the Diocese of Washington seeks to terminate the trust left by a generous contributor to the Episcopal Church, Mrs. Ruth Gregory Soper, and place this considerable wealth under its own control. The Soper Trust began with $7 million and now has over $25 million. Originally Riggs National Bank managed the trust and after its collapse, PNC bank took over this managing function. (for more about this see other Virtueonline articles, including 10-10-11 www.virtueonline.org)Read the full story at www.VirtueOnline.org
No comments:
Post a Comment