A lawsuit Alabama One Credit Union filed against CUMIS Insurance Society in 2017 has been settled.The credit union sued for loan losses suffered under a Fidelity Bond issued by the insurance company, which recently settled the lawsuit for $2.25 million.
Super Lawyers recognizes outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement.
We took part in a spirited conversation about the legal business in Birmingham. Participants were our own Andy Campbell, Augusta Dowd of White Arnold & Dowd, Alan Rogers of Balch & Bingham LLP, and Sam Ford of Fuston Petway & French, LLP.
Campbell Guin represented a local developer in prosecuting claims against the developer’s partners in a business venture to develop and sell a new technology.
"The complaint alleges that a group of officers literally cost the credit union millions of dollars through dishonest acts and conflicts of interests," said Andy Campbell, partner with Birmingham law firm Campbell Guin. "We intend to recover those losses from the insurance company that insured the client against those wrongful acts."
“Todd and Stephen are great leaders and have successfully handled countless cases for our clients,” said Andy Campbell, managing partner of Campbell Guin. “Whether they are recovering assets through securities litigation or defending corporate clients in contractual disputes, they demonstrate tenacity and thoughtfulness in every case, no matter the level of complexity.”
Asher Kitchings is an associate in the firm’s Business Torts, Corporate Litigation, and Trial practice. As a third generation lawyer, he knows what it takes to help his clients succeed. His background in business administration provides him with a unique understanding of the challenges businesses face in today’s highly competitive environment. Asher’s education and experience allow him to effectively counsel both plaintiffs and defendants in business and corporate litigation.
The Birmingham Business Journal annually highlights up-and-coming lawyers in the Birmingham Metro area. They are honored based on their contributions to their firms and their potential to shape the industry moving forward.
The Birmingham Business Journal annually recognizes up-and-coming lawyers in the Birmingham Metro area. They are honored based on their contributions to their firms and their potential to shape the industry moving forward.
“In an individual bond issue, have some idea of what it is you’re being asked to invest in, because many bond issues are highly speculative, and they’re unsuitable for ordinary investors,” Andy says.