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Home / Courts / N.C. Business Court / Tort/Negligence — Trusts & Estates – Breach of Fiduciary Duty – Trustee’s Authority (access required)

Tort/Negligence — Trusts & Estates – Breach of Fiduciary Duty – Trustee’s Authority (access required)

  Even if boilerplate language in a trust agreement could be read to authorize conflict-of-interest transactions by the trustee, the trustee would still have to show that the transactions benefitted the trust or its beneficiaries. The trustee has failed to do so in this case. The court grants in part and denies in part the parties’ cross-motions ...

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