On October 9, 2015, the Texas Supreme Court denied the petition for review in Ward v. Standford, 443 S.W.3d 334 (Tex. App.—Dallas 2014, pet. denied). This case dealt with the accrual of the statute of limitations for breach of fiduciary duty claims against trustees where the plaintiff complained of
accrual
There Can Be a Fact Issue on the Accrual of a Breach of Fiduciary Duty Claim Arising From an Act of Omission
By David Fowler Johnson on
Posted in Cases Decided, Texas Court of Appeals
In Ward v. Standford, a father and a mother set up an irrevocable trust in the 1970s and transferred many assets to it. 443 S.W.3d 334 (Tex. App.—Dallas 2014, pet. filed). In the 1980s, the father and his company borrowed money from the trust and issued a note. The…