Petrie v. Chase Manhattan Bank

This action was begun by the executors of the estate of John R. Larendon, deceased, to set aside an irrevocable inter vivos trust of which the deceased was the settlor. During the course of the litigation the plaintiffs-exeeutors reached an agreement with Ruth P. Gonynor, who: claims to be entitled to the principal of the trust, and these parties now wish to terminate the litigation. However, the American Mental Health Foundation, a contingent remainderman of- the trust, has counterclaimed for additional relief, and that claim now constitutes the action. Special Term dismissed the cross…