University of Maine Foundation v. Fleet Bank of Maine

[¶ 1] Fleet Bank of Maine appeals from a summary judgment entered in the Hancock County Probate Court (Patterson, J.) in favor of the University of Maine Foundation, ordering an early distribution of a substantial portion of the corpus of a trust created under the will of Charles E. Gilbert. Fleet contends (1) an early distribution or termination of the trust is contrary to law, and (2) the summary judgment was improper because it was prevented from offering evidence on the issue of the Foundation’s good faith in proposing a termination of the trust. The Foundation cross-appeals, seeking to…