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Home / Opinion Digests / Wills & Trusts – Trust Assets – Trustee Bank Stock – Fiduciary Duty Breach (access required)

Wills & Trusts – Trust Assets – Trustee Bank Stock – Fiduciary Duty Breach (access required)

A Richmond U.S. District Court dismisses a trust remainderman’s request for an injunction to prevent defendant bank, as trustee, from using trust assets to litigate this case, but the court will allow the remainderman to sue the bank for breach of fiduciary duty for allegedly leaving a large portion of the trust assets in the ...

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