In this seventh 2011 installment of the McGuireWoods Fiduciary Advisory Services annual multipart series on recent fiduciary cases, developments in the law concerning the extent of the liability of a trustee for investment losses are examined through the following:
- Gallagher v. Keybank, N.A. (New York)
- Reed v. Regions Bank (Alabama)
- Matter of Lasdon (New York)
- Parris v. Regions Bank (Tennessee)
- Matter of Hyde (New York)
- Guest v. Frazier (California)
- Museum Associates v. Schiff (California)
- Scanlan v. Eisenberg (Illinois)
Click here for case details.
For our previous installments, see Part 1, Part 2, Part 3, Part 4, Part 5 and Part 6.