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Regal Savings Bank, FSB et al v Stewart D - Maryland Courts - courts state md

Regal Savings Bank, FSB et al v Stewart D - Maryland Courts - courts state md 2025

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The case Regal Savings Bank, FSB et al. v. Stewart D. Sachs revolves around an alleged breach of an employment contract after Sachs, the former president of the bank, was terminated from his consulting position due to numerous overdrafts during his presidency. The court ruled that the materiality of Sachs's prior misconduct is a jury issue, indicating that the defendants were not entitled to summary judgment as conflicting inferences about the significance of the overdrafts could be drawn. The case highlights issues of employment law and the interpretation of misconduct in relation to contractual obligations.

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