![]() ![]() Liz Chace is also named in the suit - she is Malcolm Chace's stepmother. ![]() The Malcolm Chace faction has sued cousin Arnold “Buff” Chace and William Saltonstall individually as well as the trust managing the money - M2K Trust. ![]() His business partners include Jim Procaccianti, President and CEO of Procaccianti Companies - “a firm that claims more than $10 Billion of diversified real estate investments in more than 130 cities across 31 states coast to coast.” Leading the effort is Kim Chace's son Malcolm Chace, who heads the investment firm Canton Hathaway in Providence. On one side of the legal dispute are Kim Chace’s children, their spouses, and grandchildren. The case pits family members against family members and includes mysteries about deathbed changes to patriarch Malcolm "Kim" Chace's will. He died in 2011. The dispute centers around allegations of misuse of tens of millions of dollars in trust monies. GET THE LATEST BREAKING NEWS HERE - SIGN UP FOR GOLOCAL FREE DAILY EBLAST In the next few months, two years of discovery and depositions will end, and the legal battle between different factions of the billionaire Chace family will go to trial. Chace case: Malcolm Chace (L) and Arnold "Buff" Chace (R). ![]()
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