Legal Opinion
Shelden v. Trust Co. of the Virgin Islands, Ltd.
District Court, D. Puerto Rico
Decided April 6, 1982No. Civ. No. 78-1400PublishedCited by 3 opinions
1Opinion of the Court
*668MEMORANDUM OPINION AND ORDER
CEREZO, District Judge.
On September 28, 1976 plaintiff Francis D. Shelden, as settlor, created a trust to be governed by the law of the British Virgin Islands known as the Francis D. Shelden Revocable Inter Vivos Trust. The trust deed established that all of the income from the trust would be distributed for the benefit of the settlor during his lifetime. Upon his death, the deed provided for the payment of monies and the distribution of assets of the trust to numerous beneficiaries. The property held in trust involves personal and real property of substantial…
2Cases cited8 opinions
- Navarro Savings Assn. v. LeeSupreme Court of the United States · 1980
- Gilbert v. DavidSupreme Court of the United States · 1915
- Williamson v. OsentonSupreme Court of the United States · 1914
- Morris v. GilmerSupreme Court of the United States · 1889
- Sun Printing and Publishing Assn. v. EdwardsSupreme Court of the United States · 1904
3 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- National Bank of Detroit v. SheldenCourt of Appeals for the Sixth Circuit · 1984
- National Bank of Detroit v. Francis D. Shelden, the Trust Company of the Virgin Islands, Ltd., (No. 82-1905) and Peter J. Cipollini, (No. 82-1737) v. L. Bennett Young and Detroit Bank and Trust Company, Second Successor Co- Trustees, InterveningCourt of Appeals for the Second Circuit · 1984
- Shelden v. TRUST CO. OF VIRGIN ISLANDS, LTD.District Court, D. Puerto Rico · 1982