Legal Opinion

In Re the Trust Fund Created Under the Terms of the Last Will & Testament of Baumgart

South Dakota Supreme Court

Decided July 22, 2015No. 27273PublishedCited by 7 opinions

1Opinion of the Court

KERN, Justice.

[¶ 1.] Petitioners — Gloria Loos, Louis Hohn, Evelyn Lang, Virginia Binder, and Gene Loos — filed suit against Robert and Paul Bormann (Trustees). With the exception of Gene Loos, Petitioners are income beneficiaries of a trust created by Joseph Baumgart. The trust is a court supervised trust. Petitioners sought to reopen previous accountings, remove Trustees, and appoint an independent third-party trustee on grounds of fraud, misrepresentation, material omission, self-dealing, trust mismanagement, and other breaches of fiduciary duties. After an evi-dentiary hearing on…

2Cases cited12 opinions

  1. Meinhard v. SalmonNew York Court of Appeals · 1928
  2. National Labor Relations Board v. Amax Coal Co.Supreme Court of the United States · 1981
  3. Arneson v. ArnesonSouth Dakota Supreme Court · 2003
  4. American State Bank v. AdkinsSouth Dakota Supreme Court · 1990
  5. Gartner v. TempleSouth Dakota Supreme Court · 2014

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3Cited by7 opinions

  1. State v. StuckSouth Dakota Supreme Court · 1988
  2. Endres v. EndresSouth Dakota Supreme Court · 2022
  3. Gruetzmacher v. AcuityDistrict Court, D. Minnesota · 2005
  4. Matter of Petersen TrustSouth Dakota Supreme Court · 2023
  5. Langbehn v. LangbehnSouth Dakota Supreme Court · 2025

2 more not listed; retrieve them via the Exa API.

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