In this recorded webinar, David F. Johnson, lead writer for the Fiduciary Litigator blog, addresses a trustee’s duties and responsibilities regarding the management and administration of minority interests in closely held businesses. Administering closely held business interests presents unique and difficult decisions by trustees. This presentation addresses a trustee’s general fiduciary duties, specific duties of prudence in owning and managing minority ownership interests, duties of officers and directors, conflicts of interest, and the impact of Texas’ recent legislation dealing with fiduciary duties and the business judgment rule on trust administration.
Recorded Webinar: Administration of Minority Interests In Closely Held Businesses By Trustees
