Court Opinion

ID: 9465680
Source: CourtListenerOpinion
Date Created: 2023-08-05 00:52:55.626919+00
Date Added: 2024-06-11T17:39:18.784464
License: Public Domain

BAUER, Circuit Judge,
dissenting.
I respectfully dissent. The trial court properly found, in my opinion, that the same basic factual question raised in the instant suit was raised in the state court suit. The poor performance of the trustee which allegedly caused the poor investment results was in issue in that suit. Whatever the predicate for the plaintiffs’ belief in the trustee’s poor performance, only a single cause of action existed and all facets of performance could and should have been presented and adjudicated. The state case was totally dispositive of the trustee’s performance to the date of the judgment. I would affirm the trial court’s determination that the present claims of misconduct prior to the 1961 state court decision are barred by res judicata.