DOCSLIB.ORG

Cadence Bancorporation Added to Small-Cap Russell 2000® Index and All-Cap Russell 3000® Index

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Cadence Bancorporation Added to Small-Cap Russell 2000® Index and All-Cap Russell 3000® Index Cadence Bancorporation Added to Small-Cap Russell 2000® Index and All-Cap Russell 3000® Index HOUSTON, TEXAS (June 26, 2017) – Cadence Bancorporation (NYSE:CADE) announced today that it has been added to the Russell 2000® Index and Russell 3000® Index as part of the Russell indexes annual reconstitution. The annual reconstitution of the Russell 3000® index captures 3,000 of the largest U.S. stocks, ranking them by total market capitalization. The largest 1,000 companies in this ranking comprise the Russell 1000® Index, and the next 2,000 companies constitute the Russell 2000® Index. Cadence’s market capitalization of $1.8 billion based on the June 23, 2017 closing price qualified the company for membership in the Russell 2000® Index as well as the appropriate growth and value style indexes, which remain in place for one year. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $8.4 trillion in assets are benchmarked against Russell’s U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider. For more information on the Russell 2000® and Russell 3000® indexes and the Russell indexes reconstitution, visit the “Russell Reconstitution” section at www.ftserussell.com. About Cadence Bancorporation Cadence Bancorporation (NYSE: CADE) is a $9.7 billion in assets regional bank holding company headquartered in Houston, Texas. Through its affiliates, Cadence operates 65 locations in Alabama, Florida, Mississippi, Tennessee and Texas as of March 31, 2017, and provides corporations, middle-market companies, small businesses and consumers with a full range of innovative banking and financial solutions. Services and products include commercial and business banking, treasury management, specialized lending, commercial real estate, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, business and personal insurance, consumer banking, consumer loans, mortgages, home equity lines and loans, and credit cards. Clients have access to leading- edge online and mobile solutions, interactive teller machines, and 55,000 ATMs. The Cadence team of 1,200 associates is committed to exceeding customer expectations and helping their clients succeed financially. Cadence Bank, N.A., Cadence Insurance, and Linscomb & Williams are direct or indirect subsidiaries of Cadence Bancorporation. About FTSE Russell FTSE Russell is a leading global index provider creating and managing a wide range of indexes, data and analytic solutions to meet client needs across asset classes, style and strategies. Covering 98% of the investable market, FTSE Russell indexes offer a true picture of global markets, combined with the specialist knowledge gained from developing local benchmarks around the world. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $12.5 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create investment funds, ETFs, structured products and index-based derivatives. FTSE Russell indexes also provide clients with tools for asset allocation, investment strategy analysis and risk management. A core set of universal principles guides FTSE Russell index design and management: a transparent rules- based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on index innovation and customer partnership applying the highest industry standards and embracing the IOSCO Principles. FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit www.ftserussell.com. ### Contact Information Cadence Bancorporation Media contact: Danielle Kernell 713-871-4051 [email protected] Investor relations contact: Valerie Toalson 713-871-4103 or 800-698-7878 [email protected] .
Load more

Recommended publications
  • Cadence Bancorporation (Exact Name of Registrant As Specified in Its Charter)
    Section 1: 10-K (10-K) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38058 Cadence Bancorporation (Exact name of registrant as specified in its charter) Delaware 47-1329858 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 2800 Post Oak Boulevard, Suite 3800, Houston, Texas 77056 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (713) 871-4000 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Class A Common Stock CADE New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Act. Yes ☐ No ☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • For Immediate Release: for More Information, Contact: November 2, 2011 Becci Hart Or Lindsey Seal (205) 803-0000
    For Immediate Release: For More Information, Contact: November 2, 2011 Becci Hart or Lindsey Seal (205) 803-0000 COMMUNITY BANCORP ANNOUNCES THE NEW CADENCE BANK Combined Banks Stretch from Texas to Florida With $4.1 billion in Assets Birmingham, Ala. – Community Bancorp will merge its banking subsidiaries, Superior Bank, N.A. and Cadence Bank, N.A., into one strong regional bank on Nov. 11 to form the new Cadence Bank, N.A. At the same time, Community Bancorp, LLC, will now be known as Cadence Bancorp, LLC. With nearly $4.1 billion in assets, the new bank will employ 1,200 people at more than 100 branches throughout Alabama, Florida, Georgia, Mississippi, Tennessee and Texas, with headquarters in Birmingham, Ala. and corporate offices in Starkville, Miss. and Houston, Texas. “The merger introduces a strong and energized competitor to the marketplace,” said Paul Murphy, chief executive officer of Cadence Bancorp and chairman of the new Cadence Bank. “Some of the most experienced professionals in the banking industry have come together to create a best-of-class bank. These are bankers who are dedicated to making Cadence an exceptional banking experience for customers and an unrivaled work environment for our employees.” Customers of the current Cadence and Superior banks will experience no interruption in service during transition to the new Cadence Bank. Customers will notice a fresh in-branch experience as employees highlight new products and services over the coming months and as branches feature new signage and collateral material in the coming weeks. “Tailoring the customers’ experience by listening to their needs will be the central focus of our efforts,” noted Sam Tortorici, chief executive officer of the new Cadence Bank.
    [Show full text]
  • Bankname Bankstreet Bankcity 121 FINANCIAL CU 9700 TOUCHTON RD JACKSONVILLE 1ST CAPITAL BANK 5 HARRIS CT, BLDG N, STE 3 MONTEREY 1ST CIT
    BankName BankStreet BankCity 121 FINANCIAL CU 9700 TOUCHTON RD JACKSONVILLE 1ST CAPITAL BANK 5 HARRIS CT, BLDG N, STE 3 MONTEREY 1ST CIT. NATL BK OF UPPER SAN 100 N SANDUSKY AVE UPPER SANDUSKY 1ST COLONIAL BANCORP, INC 1040 HADDON AVE COLLINGSWOOD 1ST CONSTITUTION BANCORP 2650 RTE 130 CRANBURY 1ST FINANCIAL BANK USA 331 DAKOTA DUNES BLVD DAKOTA DUNES 1ST MANATEE BANK 12215 US 301 NORTH PARRISH 1ST MARINER BANK 1501 S CLINTON ST BALTIMORE 1ST MIDAMERICA CU 731 E BETHALTO DR BETHALTO 1ST NATL BK - FOX VALLEY 550 S GREEN BAY RD NEENAH 1ST NATL BK & TR CO 345 E GRAND AVE BELOIT 1ST NATL BK & TR CO OF IRON M 233 S STEPHENSON AVE IRON MOUNTAIN 1ST NATL BK & TR CO OF JUNCTI 702 N WASHINGTON ST JUNCTION CITY 1ST NATL BK IN CRESTON 101 W ADAMS ST CRESTON 1ST NATL BK OF BATTLE LAKE 101 LAKE AVE SOUTH BATTLE LAKE 1ST NATL BK OF BERLIN 140 W HURON ST BERLIN 1ST NATL BK OF BUHL 121 STATE ST BUHL 1ST NATL BK OF CARMI 201 E MAIN ST CARMI 1ST NATL BK OF COLD SPRING 301 MAIN ST COLD SPRING 1ST NATL BK OF DEERWOOD 21236 ARCHIBALD RD DEERWOOD 1ST NATL BK OF ELK RIVER 812 MAIN ST ELK RIVER 1ST NATL BK OF FAIRFAX 16 SE 1ST ST FAIRFAX 1ST NATL BK OF FT SMITH 602 GARRISON AVE FORT SMITH 1ST NATL BK OF GRANT PK 119 N MAIN ST GRANT PARK 1ST NATL BK OF HENNING 106 ST HWY 78 NORTH OTTERTAIL 1ST NATL BK OF MIFFLINTOWN 2 N MAIN ST MIFFLINTOWN 1ST NATL BK OF MT DORA 714 N DONNELLY ST MOUNT DORA 1ST NATL BK OF OSAKIS 211-13 CENTRAL OSAKIS 1ST NATL BK OF PLAINVIEW 138 W BROADWAY PLAINVIEW 1ST NATL BK OF RAYMOND 403 E BROAD ST RAYMOND 1ST NATL BK OF RIVER FALLS 104 E LOCUST ST RIVER FALLS 1ST NATL BK OF SO.
    [Show full text]
  • PROXY STATEMENT/OFFERING CIRCULAR to the Shareholders Of
    PROXY STATEMENT/OFFERING CIRCULAR To the shareholders of BancorpSouth Bank and Cadence Bancorporation MERGER PROPOSED—YOUR VOTE IS VERY IMPORTANT On April 12, 2021, BancorpSouth Bank (‘‘BancorpSouth’’) and Cadence Bancorporation (‘‘Cadence’’) entered into an Agreement and Plan of Merger, which was amended as of May 27, 2021 (as further amended from time to time, the ‘‘merger agreement’’), pursuant to which BancorpSouth and Cadence have agreed to combine their respective businesses in a merger. Under the merger agreement, Cadence will merge with and into BancorpSouth (the ‘‘merger’’), with BancorpSouth as the surviving entity. Following the completion of the merger, Cadence Bank, N.A., a subsidiary of Cadence, will merge with and into BancorpSouth (the ‘‘bank merger’’), with BancorpSouth as the surviving entity (the ‘‘combined company’’ or the ‘‘surviving entity,’’ as the case may be). The merger will bring together two companies with complementary franchises to create the fifth largest bank with headquarters in the combined nine-state footprint. In the merger, holders of Cadence common stock will have the right to receive 0.70 shares (the ‘‘exchange ratio’’ and such shares, the ‘‘merger consideration’’) of BancorpSouth common stock for each share of Cadence common stock they own. In addition, prior to the effective time of the merger and in connection with the closing, Cadence will declare and pay a special cash dividend of $1.25 per share of Cadence common stock (the ‘‘special dividend’’) to holders of record of shares of Cadence common
    [Show full text]
  • CRA Decision #193 November 2018 Patricia A
    October 4, 2018 CRA Decision #193 November 2018 Patricia A. Robinson, Esq. Wachtell, Lipton, Rosen & Katz 51 West 52nd Street New York, NY 10019 Subject: Applications to (i) merge State Bank and Trust Company, Macon, Georgia with and into Cadence Bank, NA, Birmingham, Alabama (OCC Control No.: 2018-SO- Combination-303875); (ii) relocate Cadence Bank’s main office (2018-SO- BranchNew-304056); and (iii) acquire BREC-Pharr Road, LLC as a subsidiary (2018- SO-Subs&Equities-304481) OCC Charter No.: 3656 Dear Ms. Robinson: The Office of the Comptroller of the Currency (OCC) hereby approves the applications to merge State Bank and Trust Company, Macon, Georgia (State Bank) with and into Cadence Bank, NA, Birmingham, Alabama (Cadence Bank); relocate Cadence Bank’s main office and retain the current main office location as a branch, and acquire BREC-Pharr Road, LLC as a subsidiary. Cadence Bank is authorized to retain and operate as branches its existing branches and the branches of State Bank. This approval is granted after a thorough review of the application, other materials supplied by bank representatives, and additional information available to the OCC, including commitments and representations made in the application, and during the application process. I. Background and the Transaction Cadence Bank is an $11.3 billion national bank headquartered in Birmingham, Alabama and operates 65 branches in Alabama, Florida, Mississippi, Tennessee, and Texas. Cadence Bank is a wholly-owned subsidiary of Cadence Bancorporation, Houston, Texas, a Delaware-registered bank holding company. State Bank is a $5.0 billion state-chartered nonmember bank headquartered in Macon, Georgia and operates 32 full-service branches and one limited-service branch in Georgia.
    [Show full text]
  • Thirty-Seventh Commencement Exercises
    Regis MOREHOUSE SCHOOL OF MEDICINE THIRTY-SEVENTH COMMENCEMENT EXERCISES Saturday, The Fifteenth of May, Two Thousand and Twenty-one Ten o’ Clock in the Morning CADENCE BANK AMPHITHEATRE AT CHASTAIN PARK 4469 STELLA DR NW, ATLANTA, GA 30327 The Thirty-Seventh Commencement Exercises of Morehouse School of Medicine Saturday, The Fifteenth of May, Two Thousand and Twenty-one Ten o’ Clock in the Morning Cadence Bank Amphitheatre at Chastain Park 4469 Stella Dr NW, Atlanta, GA 30327 Educating the Next Generation of Leaders in Biomedical Sciences, Medicine, and Public Health Program for Commencement May 15, 2021 Valerie Montgomery Rice, M.D., F.A.C.O.G. President & Dean, Morehouse School of Medicine Presiding Prelude . “O God, Our Help in Ages Past” Arrangement: David E. Oliver D.M.A Call to Order . Michael D. Powell, Ph.D. Grand Marshal Professor of Microbiology, Biochemistry, and Immunology *Processional . “War March of the Priests” Felix Mendelssohn Invocation ....................Marvin L. Crawford, M.D., M.Div. , F.A.C.P. Chaplain Associate Professor, Internal Medicine Senior Pastor, First St. Paul AME Church National Anthem ............................“The Star Spangled Banner” Performed by Ida Mhunduru Words by Francis Scott Key +Hymn ....................................“Lift Every Voice and Sing” Performed by Nikki Jones President MD Class of 2021 Words by James Weldon Johnson Music by John Rosamond Johnson The Occasion . President & Dean Montgomery Rice, M.D. Greetings . Arthur R. Collins Chair, Board of Trustees Morehouse School of Medicine Class Remarks ................Kamron Robinson President, Student Government Association 1 Conferring of Honorary Degrees.....President & Dean Montgomery Rice, M.D. and Sandra Harris-Hooker, Ph.D.
    [Show full text]
  • Cadence Bancorporation Houston, Texas
    FRB Order No. 2018-26 December 7, 2018 FEDERAL RESERVE SYSTEM Cadence Bancorporation Houston, Texas Order Approving the Merger of Bank Holding Companies Cadence Bancorporation (“Cadence”), Houston, Texas, a bank holding company within the meaning of the Bank Holding Company Act of 1956 (“BHC Act”),1 has requested the Board’s approval under section 3 of the BHC Act2 to acquire and merge with State Bank Financial Corporation (“SBFC”), Atlanta, Georgia, and thereby indirectly acquire SBFC’s subsidiary nonmember bank, State Bank and Trust Company (“State Bank”), Macon, Georgia. Following the proposed acquisition, State Bank would be merged into Cadence’s subsidiary bank, Cadence Bank, N.A. (“Cadence Bank”), Birmingham, Alabama.3 Notice of the proposal, affording interested persons an opportunity to submit comments, has been published (83 Federal Register 48425 (September 25, 2018)).4 The time for submitting comments has expired, and the Board has considered the proposal and all comments received in light of the factors set forth in section 3 of the BHC Act. 1 12 U.S.C. § 1841 et seq. 2 12 U.S.C. § 1842. 3 The merger of State Bank into Cadence Bank is subject to approval by the Office of the Comptroller of the Currency (“OCC”), pursuant to section 18(c) of the Federal Deposit Insurance Act (“Bank Merger Act”). 12 U.S.C. § 1828(c). The OCC approved the bank merger on October 4, 2018. 4 12 CFR 262.3(b). Cadence, with consolidated assets of approximately $11.3 billion, is the 132nd largest insured depository organization in the United States.5 Cadence controls approximately $9.5 billion in consolidated deposits, which represent less than 1 percent of the total amount of deposits of insured depository institutions in the United States.
    [Show full text]
  • Cadence Bancorporation PPTX Template
    CADENCE BANCORPORATION INVESTOR DAY May 2nd, 2019 | New York Disclaimers This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect our current views with respect to, among other things, future events and our results of operations, financial condition and financial performance. These statements are often, but not always, made through the use of words or phrases such as “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,” “expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “projection,” “would” and “outlook,” or the negative version of those words or other comparable words of a future or forward-looking nature. These forward-looking statements are not historical facts, and are based on current expectations, estimates and projections about our industry, management’s beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although we believe that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. Such factors include, without limitation,
    [Show full text]
  • Cadence Bank Congratulates Jerry Toney for Recognition As a Top Bank Advisor for 2016 Bank Investment Consultant Releases Nationwide Top 100 List
    FOR IMMEDIATE RELEASE Contact: Danielle Kernell Cadence Bank, N.A. 713-871-4051 direct | 713-392-7709 mobile [email protected] Cadence Bank Congratulates Jerry Toney for Recognition as a Top Bank Advisor for 2016 Bank Investment Consultant Releases Nationwide Top 100 List STARKVILLE, Miss., March 7, 2017 — Cadence Bank congratulates Jerry Toney, senior wealth advisor for Cadence Investment Services and Mississippi president for Cadence, who was recognized as one of the nation’s “Top 100 Bank Advisors” for 2016 by Bank Investment Consultant, a leading financial services industry magazine. Toney ranked 31st in the annual list, placing among the top 50 for the second consecutive year. “I couldn’t be prouder of Jerry for this tremendous and well-deserved honor,” said Paul B. Murphy, Jr., CEO and president, Cadence Bancorp. “In a highly selective industry, he exhibits an unparalleled expertise and commitment to service that are appreciated by his clients, colleagues and peers alike. Jerry is a tireless advocate for his clients and a terrific asset to the bank.” Bank Investment Consultant’s (BIC) annual Top 100 list recognizes a distinguished group of bank and credit union advisors from throughout the country who have excelled in a number of key areas, including: assets under management (AUM), percentage change in AUM from the prior year, trailing 12-month production, percentage growth in production, amount of fee-based business and the ratio of production to AUM. Toney is a 1996 graduate of Mississippi State University and currently serves as an adjunct lecturer for the Department of Finance & Economics. Additionally, Toney serves on several civic, economic and professional boards, including the Greater Starkville Development Partnership, Golden Triangle Development Link, Mississippi Economic Council, and as past president of the North Mississippi Financial Planning Council.
    [Show full text]
  • Bancorpsouth and Cadence Merger Presentation
    Transformational Merger: BancorpSouth Bank and Cadence Bancorporation Creating a Premier Regional Banking Franchise Across Texas and the Southeast April 12, 2021 Tupelo, MS Houston, TX Atlanta, GA Birmingham, AL Disclaimer Forward-Looking Statements Certain statements in this presentation may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995,Section 2 7A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to BancorpSouth Bank’s and Cadence Bancorporation’s and Cadence Bank’s (together, “Cadence”) beliefs, plans, goals, expectations, and estimat es. Forward-looking statements are not a representation of historical information but instead pertain to future operations, strategies, financial results or other dev elopments. These forward-looking statements may be identified by their reference to a future period or periods or by the use of forward-looking terminology such as “anticipate,” “believe,” “could,” “continue,” “seek,” “intend,” “estimate,” “expect,” “foresee,” “hope,” “intend,” “may,” “might,” “plan,” “should,” “predict,” “project,” “goal,” “outlook,” “potential,” “will,” “will result,” “will likely result,” or “would” or future or conditional verb tenses and variations or negatives of such terms. These forward -looking statements include, without limitation, those relating to the terms, timing and closing of the proposed transaction. BancorpSouth Bank and Cadence caution readers not to place undue reliance on the forward-looking statements contained in this presentation, in that actual results could differ materially from those indicated in such forward-looking statements as a result of a variety of factors, many of which are beyond the control of BancorpSouth Bank and Cadence.
    [Show full text]
  • PPP Lender Activity Lookup.Xlsx
    Lenders participating in PPP by State Project Lender Name State Northrim Bank AK First National Bank Alaska AK KeyBank National Association AK Alaska USA FCU AK Mt. McKinley Bank AK First Bank AK Denali State Bank AK CoBank ACB AK National Cooperative Bank, National AssociationAK Umpqua Bank AK NuVision FCU AK Truist Bank d/b/a Branch Banking & Trust Co AK Bank of America, National Association AK U.S. Bank, National Association AK Readycap Lending, LLC AK BMO Harris Bank National Association AK East West Bank AK 1st Source Bank AK Live Oak Banking Company AK Matanuska Valley FCU AK Hancock Whitney Bank AK First Sound Bank AK Byline Bank AK Ally Bank AK Bank Forward AK BankUnited, National Association AK Cross River Bank AK Washington Trust Bank AK Bank of Pontiac AK TBK Bank, SSB AK Canyon Community Bank, National AssociationAK Spirit of Alaska FCU AK Stearns Bank National Association AK Bank of the Pacific AK Glacier Bank AK United Bank AK Commencement Bank AK Continental Bank AK Newtek Small Business Finance, Inc. AK ALPS FCU AK Bank of Jackson Hole AK Updated as of April 23, 2020 SaviBank AK PlainsCapital Bank AK Ameris Bank AK BOM Bank AK True North FCU AK First Interstate Bank AK Cornerstone Bank AK 1st Security Bank of Washington AK First Republic Bank AK Horizon Bank AK American State Bank & Trust Company of WillistonAK The Citizens National Bank of Park Rapids AK Idaho First Bank AK Heritage Bank AK Bank of St. Elizabeth AK Three Rivers Bank of Montana AK Bank of Hope AK Timberland Bank AK Cache Valley Bank AK TCF National Bank
    [Show full text]
  • IN the COURT of APPEALS of TENNESSEE at JACKSON November 12, 2014 Session
    IN THE COURT OF APPEALS OF TENNESSEE AT JACKSON November 12, 2014 Session CADENCE BANK, N.A. v. THE ALPHA TRUST, ET AL. Direct Appeal from the Chancery Court for Shelby County No. CH-12-0654-3 Kenny W. Armstrong, Chancellor No. W2014-01151-COA-R3-CV - Filed February 25, 2015 In this action to collect on a promissory note, the trial court granted summary judgment to the bank. Appellants appeal the trial court’s decisions regarding whether the bank was properly doing business in the State of Tennessee and whether the Appellants’ two contract- based counter-claims fail as a matter of law. Discerning no error regarding the trial court’s finding that the bank was properly doing business in the State, we affirm the trial court’s ruling in that regard. We also affirm the trial court’s finding that the bank was entitled to summary judgment on the contract-based counterclaims. Tenn. R. App. P. 3 Appeal as of Right; Judgment of the Chancery Court Affirmed and Remanded BRANDON O. GIBSON, J., delivered the opinion of the Court, in which ARNOLD B. GOLDIN, J., joined. J. STEVEN STAFFORD, P.J., W.S., filed a separate opinion dissenting in part. Kevin A. Snider, Germantown, Tennessee, for the appellants, The Alpha Trust; The M.S.U. Family Trust; The D.S.U. Family Trust; Marvin V. Uthe; Shirley A. Uthe; Sandra L. Uthe; and David B. Uthe. T. Robert Abney, Memphis, Tennessee, for the appellee, Cadence Bank, N.A. OPINION Background On April 4, 2001, the Alpha Trust, the M.S.U.
    [Show full text]