The Arkansas Court of Appeals recently ruled in an interesting case that a trustee’s encumbrance of trust property did not, under the specific circumstances involved in the dispute, constitute a violation of the trustee’s fiduciary duties. Ordinarily such actions are looked down upon, but this case is an instance in which the unique facts involved apparently warranted a slight departure [...]
Posts Tagged ‘trust’
No Breach Of Fiduciary Duty In Unique Trust Lawsuit
Posted in Breach of fiduciary duties, Duties of trustees, Misappropriation of assets, Recent Arkansas appeals, Self-dealing, tagged assets, Breach of fiduciary duties, encumber, mismanagement, Self-dealing, trust, trustee on October 2, 2009 |
