The case itself was held in late 1826 and seems to have revolved around perceived shortcomings of the Carmarthen Bank which was established by a partnership known as Waters, Jones & Co..
Daliwyd yr achos ddiwedd 1826 ac ymddengys ei fod yn ymwneud â diffygion canfyddedig Banc Caerfyrddin a sefydlwyd gan bartneriaeth o'r enw Waters, Jones & Co..