This case was last updated from U.S. District Courts on 10/03/2025 at 01:44:06 (UTC).

Origin Bank v. Cope et al

Case Summary

On 08/25/2025 Origin Bank filed a Commercial and Trade - Contract lawsuit against Cope. This case was filed in U.S. District Courts, Alabama Southern District. The Judges overseeing this case are William H. Steele and Sonja F. Bivins. The case status is Open.

 

Case Details

  • Case Number:

    1:25-cv-00350

  • Filing Date:

    08/25/2025

  • Case Status:

    Open

  • Case Type:

    Commercial and Trade - Contract

Complaint

2. Defendant Bruce Chris Cope is an adult resident citizen of Harrison County, Mississippi. For purposes of this Court’s analysis of diversity in this matter and to satisfy the requirements in 28 U.S.C. § 1332 , Defendant is a citizen of Mississippi.

3. Defendant “Cope Investments LLC” is an Alabama limited liability company with its principal place of business located in Mobile, Alabama. For purposes of this Court’s analysis of diversity in this matter and to satisfy the requirements in 28 U.S.C. § 1332 , Defendant is a citizen of each state in which one or more of its members is a citizen. Upon information and belief, Defendant Cope is the sole member of the CI. Because Cope is a citizen of Mississippi, CI is also a citizen of Mississippi.

4. Defendant Power SRC, LLC is a Mississippi limited liability company with its principal place of business located at . For purposes of this Court’s analysis of diversity in this matter and to satisfy the requirements of 28 U.S.C. § 1332 , Power SRC is a citizen of each state in which one or more of its members is a citizen. Upon information and belief, Defendant Cope is the sole member of the Power SRC. Because Cope is a citizen of Mississippi, Power SRC is also a citizen of Mississippi.


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JURISDICTION AND VENUE

5. This Court has jurisdiction over this action pursuant to 28 U.S.C. § 1332 because the amount in controversy exceeds the sum or value of $75,000.00, exclusive of interest and costs, and is between citizens of different states.

6. Venue is proper in this Court pursuant to 28 U.S.C. § 1391 because the events giving rise to the causes of action occurred in Mobile County, Alabama, and the Defendants are subject to personal jurisdiction in this district.

BACKGROUND

The CI Loan

1. On December 10, 2024 , Cope, as Member of CI entered that certain Business Loan Agreement (the “CI Loan Agreement”) by and between CI, as Borrower, and Origin, as Lender, in the principal amount of $10,000,000 bearing Loan No. - (the “CI Loan”). A true and correct copy of the CI Loan Agreement is attached hereto as Exhibit A.

2. On December 10, 2024 , Cope, as Member of CI executed that certain Commercial Line of Credit Agreement and Note (the “CI Note”) in favor of Origin in the principal amount of Ten Million Dollars and Zero Cents ($10,000,000.00), bearing Loan No. - , with said Note maturing on demand and no later than December 10, 2027 . A true and correct copy of the CI Note is attached hereto as Exhibit B.

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Judge Details

Presiding Judge

William H. Steele

Referral Judge

Sonja F. Bivins

 

Party Details

Plaintiff

Origin Bank

Defendants

Cope Investments, LLC

Power SRC, LLC

Bruce Chris Cope

Attorney/Law Firm Details

Plaintiff Attorney

Ida Danielle Mashburn-Myrick

 

Court Documents

#7

(#7) Summons Returned Unexecuted by Origin Bank as to Power SRC, LLC. (Mashburn-Myrick, Ida) (Entered: 09/30/2025)

#6

(#6) Summons Returned Unexecuted by Origin Bank as to Cope Investments, LLC. (Mashburn-Myrick, Ida) (Entered: 09/30/2025)

#5

(#5) Summons Returned Unexecuted by Origin Bank as to Bruce Chris Cope. (Mashburn-Myrick, Ida) (Entered: 09/30/2025)

#4

(#4) SERVICE ORDER entered 8/29/2025. Plaintiff to notify the Court the action taken to effect service and the results thereof. Service order deadline set to 10/9/2025. Signed by District Judge William H. Steele on 08/29/2025. (cjr) (Entered: 08/29/2025)

#3

(#3) SUMMONS ISSUED as to Bruce Chris Cope, Cope Investments, LLC, Power SRC, LLC. Note to Counsel: The Summons have been issued. Please print copies necessary for service. (cjr) (Entered: 08/29/2025)

2 #2

Supplement Summons to 3rd Defendant

2 #1

Supplement Summons to 2nd Defendant

#2

(#2) NOTICE of Filing Proposed Summons by Origin Bank (Attachments: #1 Supplement Summons to 2nd Defendant, #2 Supplement Summons to 3rd Defendant) (Mashburn-Myrick, Ida) (Entered: 08/27/2025)

1 #10

Civil Cover Sheet

1 #8

Exhibit H

1 #7

Exhibit G

1 #6

Exhibit F

1 #5

Exhibit E

1 #4

Exhibit D

1 #3

Exhibit C

1 #2

Exhibit B

1 #1

Exhibit A

#1

(#1) COMPLAINT against Bruce Christopher Cope, Cope Investments, LLC, Power SRC, LLC ( Filing fee $405 receipt number AALSDC-3686134, Online Credit Card Payment), filed by Origin Bank. 90 day Rule 4m deadline set for 11/24/2025. (Attachments: #1 Exhibit A, #2 Exhibit B, #3 Exhibit C, #4 Exhibit D, #5 Exhibit E, #6 Exhibit F, #7 Exhibit G, #8 Exhibit H, #9 Exhibit I) (Mashburn-Myrick, Ida) (Additional attachment(s) added on 8/26/2025: #10 Civil Cover Sheet) (fz). (Entered: 08/25/2025)

7 More Documents Available

 

Docket Entries

09/30/2025
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Docket(#7) Summons Returned Unexecuted by Origin Bank as to Power SRC, LLC. (Mashburn-Myrick, Ida) (Entered: 09/30/2025)

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09/30/2025
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Docket(#6) Summons Returned Unexecuted by Origin Bank as to Cope Investments, LLC. (Mashburn-Myrick, Ida) (Entered: 09/30/2025)

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09/30/2025
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Docket(#5) Summons Returned Unexecuted by Origin Bank as to Bruce Chris Cope. (Mashburn-Myrick, Ida) (Entered: 09/30/2025)

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08/29/2025
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Docket(#4) SERVICE ORDER entered 8/29/2025. Plaintiff to notify the Court the action taken to effect service and the results thereof. Service order deadline set to 10/9/2025. Signed by District Judge William H. Steele on 08/29/2025. (cjr) (Entered: 08/29/2025)

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08/29/2025
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Docket(#3) SUMMONS ISSUED as to Bruce Chris Cope, Cope Investments, LLC, Power SRC, LLC. Note to Counsel: The Summons have been issued. Please print copies necessary for service. (cjr) (Entered: 08/29/2025)

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08/27/2025
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Docket(#2) NOTICE of Filing Proposed Summons by Origin Bank (Attachments: #1 Supplement Summons to 2nd Defendant, #2 Supplement Summons to 3rd Defendant) (Mashburn-Myrick, Ida) (Entered: 08/27/2025)

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08/25/2025
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Docket(#1) COMPLAINT against Bruce Christopher Cope, Cope Investments, LLC, Power SRC, LLC ( Filing fee $405 receipt number AALSDC-3686134, Online Credit Card Payment), filed by Origin Bank. 90 day Rule 4m deadline set for 11/24/2025. (Attachments: #1 Exhibit A, #2 Exhibit B, #3 Exhibit C, #4 Exhibit D, #5 Exhibit E, #6 Exhibit F, #7 Exhibit G, #8 Exhibit H, #9 Exhibit I) (Mashburn-Myrick, Ida) (Additional attachment(s) added on 8/26/2025: #10 Civil Cover Sheet) (fz). (Entered: 08/25/2025)

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