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Timestamp: 2018-08-16 14:36:51
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fiduciary duty – Lindley Law Offices Blog
The Buzz About Aldrin’s Competency
by Katherine Cassidy | Blog Post | June 27, 2018
On June 7, 2018, Buzz Aldrin, Presidential Medal of Freedom recipient and the second man to walk on the moon, filed a lawsuit against two of his children, Andrew and Janice Aldrin, and his former business manager, Christina Korp. The lawsuit responds to a May 2018 Florida Court filing in which Andrew Aldrin, Janice Aldrin, Read More
Guardianship and the Richest Woman in the World
by Liz Kemper | Blog Post | September 27, 2017
On September 20th, Liliane Bettencourt, the richest woman in the world died at age 94. Scandals of several types plagued the last years of her life and the lives of those around her going as far as alleged campaign contributions in great excess of the legal limit to former president of France, Nicolas Sarkozy. Read More
Breach of Trustees’ Fiduciary Duty – Part 3: Duty to Administer Trusts Prudently and Duty to Inform, Report, and Maintain Adequate Records
by Liz Kemper | Uncategorized | December 7, 2016
In Part 2 of this series, we examined trustees’ duties of loyalty and impartiality. This post will examine the duty to administer trusts prudently and Part 4 will discuss the duty to delegate – or not delegate – in more depth. The duty to administer trusts involves the basic values Read More
Breach of Trustees’ Fiduciary Duty – Part 2: Duty of Loyalty & Duty of Impartiality
by Liz Kemper | Blog Post | November 16, 2016
As we’ve mentioned in part 1 of this series, trustees are fiduciaries and, as such, trustees owe a variety of fiduciary duties to multiple parties. These obligations include both the duty of loyalty and duty of impartiality, which we will discuss this week. To prove a trustee breached of one Read More
Breach of Trustees’ Fiduciary Duty – Part 1: General Considerations
by Liz Kemper | Blog Post | November 10, 2016
This is the first of a four-part series examining trustee’s fiduciary duties and the circumstances that could result in litigation. To begin, we will discuss basic principles that will lay a groundwork to inform our larger discussion. What is a Trust and a Trustee?[1] Read More
by Liz Kemper | Blog Post | September 7, 2016
Your aging parents just appointed you as their attorney-in-fact– now what? It is important to keep in mind a few simple rules to stay within the bounds of the law. Rule #1: Act in the principal’s best interests. The principal is the person Read More
Mental Incompetency in Guardianship and Divorce
by Liz Kemper | Blog Post | August 25, 2016
It is not uncommon for courts to name one’s spouse as their guardian, but what happens when the incompetent party wants to get divorced from his wife and guardian? Can one be incompetent, yet understand the consequences of and express a desire to get divorced? Read More
by Liz Kemper | Blog Post | July 13, 2016
What is fiduciary litigation? Fiduciary litigation encompasses a wide range of legal actions including, without limitation, trust and estate litigation, will contests (also referred to as caveat proceedings), breach of individual and corporate fiduciary duty claims, and guardianship proceedings. Fiduciary litigation is becoming increasingly relevant as the baby boomer generation continues to age. Read More
North Carolina Business Court Weights in on Attorneys’ Fees in Class Action Settlements
by Satie Munn | Blog Post | November 11, 2015
Recent decisions by the North Carolina Court of Appeals and North Carolina Business Court (NCBC) shed light on a previously unsettled question of law: when can a North Carolina trial court award attorney’s fees as part of a class-action settlement in the absence of additional statutory authority? Read More
North Carolina Business Court Suggests a Willingness to Impose a Fiduciary Duty on Minority Shareholders
by Satie Munn | Blog Post | October 7, 2015
The North Carolina Business Court recently issued an opinion in which it suggested a willingness to adopt a position that “controlling” minority shareholders owe a fiduciary duty to their fellow minority shareholders.[1] The case arose out of a transaction between Reynolds American, Inc. (“Reynolds Read More
Arbitration Clause attorney-in-fact attorneys' fees beneficiary breach of fiduciary duty Business Court Charlotte Civil Litigation Complex Business Litigation Contract Law Court of Appeals criminal law Damages Diminished Capacity discovery duty of loyalty Employment Law Estate Estate Planning Ethics executor fiduciary duty Fiduciary Litigation fraud Guardianship incompetency last will and testament law Lawsuit Lindley Law Litigation NCBC NC Court of Appeals Non-Disclosure Agreement North Carolina North Carolina Business Court North Carolina Court of Appeals North Carolina Rules of Civil Procedure power of attorney Probate Sanctions Trust and Estate Litigation trustee Undue Influence Will
Jilted North Carolina Spouse wins $8.8 Million over Wife’s Affair
An Interview With Katherine Cassidy
A Beginners Guide to Arbitration – Part 2 Pros and Cons of Arbitration
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