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Home / Opinion Digests / Wills & Trusts – Fiduciary Duty – Proof of Damages (access required)

Wills & Trusts – Fiduciary Duty – Proof of Damages (access required)

The Virginia Supreme Court says a circuit court erred when it concluded that a trustee who failed to sell the trust’s unprofitable coal mine could be held liable for damages based on an unsupported assumption about the market value of the mine. The issue is whether the circuit court erred in entering a monetary judgment against ...

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