DuPont v. Delaware Trust Company

WALSH, Judge:

This is an appeal from a Court of Chancery determination that the Delaware Trust Company (Delaware Trust) did not breach its fiduciary duty as trustee under the Last Will and Testament of William DuPont, Senior. The appellant, and plaintiff below, is one of the five grandchildren of the testator. His brothers and sisters intervened in the Court of Chancery to support the position of Delaware Trust and the other original defendant, Hopeton Holding Company, a Delaware corporation.

At the time of his death on January 20, 1928, William DuPont, Sr. owned 58.35 percent of the 10,000…