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Home / Courts / N.C. Business Court / Tort/Negligence – Breach of Fiduciary Duty – Economic Loss Rule – Trusts & Estates – Wills – Shareholder Contract  (access required)

Tort/Negligence – Breach of Fiduciary Duty – Economic Loss Rule – Trusts & Estates – Wills – Shareholder Contract  (access required)

The plaintiff-corporation seeks to enforce the redemption provision in the shareholder agreement signed by the defendant-executor’s decedent. Plaintiff’s additional claim that the executor has breached a fiduciary duty by failing to comply with a provision in the will – which directs the executor to comply with shareholder agreements – is barred by the economic loss ...

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