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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

Hastings Bass

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.

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