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co-trustee liability

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Texas Supreme Court Reverses Order In Trust Dispute Granting A Constructive Trust

By David Fowler Johnson on September 1, 2024
Posted in Cases Decided, Texas Supreme Court

In In re Trust A & Trust C, a beneficiary sued a trustee for breach of fiduciary duty and sought a constructive trust over assets that were transferred out of the trust. 690 S.W.3d 80 (Tex. 2024). The trial court granted that relief. The court of appeals reversed, holding…

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The Fiduciary Litigator provides important legal news, updates on recently decided and pending case precedent, and commentary to directors, officers, managers, in-house counsel, and other legal officers who serve the financial services industry.

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