6 results found
Kelley Drye & Warren LLP | USA | 4 May 2011
Plan trustee's failure to divest company stock was imprudent under the circumstances
Jonathan Peabody joined the Rock Island Corporation, a closely held operation, in 1998.
McGuireWoods LLP | USA | 3 May 2011
Kristofer Kastner v. InTrust Bank, 2010 U.S. Dist. LEXIS 120927 (November 15, 2010)
On June 5, 1996, Jessie I. Brooks executed a trust, with InTrust Bank as trustee, for the lifetime benefit of her daughter, Nola, with the remainder of the assets distributable to her grandchild Kristofer.
Day Pitney LLP | USA | 29 Mar 2011
Bindman v. Parker, Shea v. Noble, MacLeod v. McManus, King v. Nazzaro
In Bindman v. Parker, Case No. SJC-10878, 2011 Mass. LEXIS 151 (Mar. 18, 2011), the Supreme Judicial Court allowed the reformation of two qualified personal residence trusts (QPRTs) to conform with the tax-saving intent of the settlors, a husband and wife.
Mayer Brown | United Kingdom | 11 Mar 2011
A recent Court of Appeal ruling will make it harder for trustees to unscramble past decisions.
Nabarro LLP | United Kingdom | 21 Dec 2010
Compromise of disputed entitlements is not a surrender: Court of Appeal
The Court of Appeal has given a decision on a point of law arising out of the recent case of HR Trustees v German.
Mills & Reeve LLP | United Kingdom | 12 Jun 2007
Kosmar Villa Holidays Plc v Trustees of Syndicate 1234 - reservation of rights
Waiver by election can apply where an insurer fails to reserve its rights following the insured’s breach of a condition precedent in the policy.