Court Opinion

ID: 9377475
Source: CourtListenerOpinion
Date Created: 2023-03-07 21:06:32.088019+00
Date Added: 2024-06-11T17:17:14.429259
License: Public Domain

IN THE SUPREME COURT OF PENNSYLVANIA
                             WESTERN DISTRICT

IN RE: TRUST B UNDER AGREEMENT                  : No. 254 WAL 2022
OF RICHARD H. WELLS DATED                       :
SEPTEMBER 28, 1956                              :
                                                : Petition for Allowance of Appeal
                                                : from the Order of the Superior Court
PETITION OF: V.M.I. FOUNDATION, INC.            :

                                        ORDER

PER CURIAM

      AND NOW, this 7th day of March, 2023, the Petition for Allowance of Appeal is

GRANTED. The issue, as stated by petitioner, is:

      (1)    Whether, in a matter of first impression, the Pennsylvania Superior Court
             erred in its analysis and application of 20 Pa.C.S. § 7740.3(e) (“The
             Charitable Trust Termination Statute”) in holding that the VMI Foundation,
             Inc. (hereinafter, “VMI Foundation”) is not entitled to the remedies sought
             by its Motion for Summary Judgment, specifically to include the termination
             of the Wells Trust with an award of the trust’s assets to the VMI Foundation
             to be held on the conditions nearly identical to the terms and conditions set
             forth in the Wells Trust?