Legal Opinion

Williams v. J.P. Morgan & Co., Inc.

District Court, S.D. New York

Decided December 19, 2003No. 00 CIV. 6321(VM)Published

1Opinion of the Court

DECISION AND ORDER

MARRERO, District Judge.

I. INTRODUCTION

Defendant. J.P. Morgan & Co., Inc. (“Morgan”) moves for summary judgment in this action for breach of fiduciary duty arising out of Morgan’s management of an inter vivos trust. Morgan argues that the plaintiff, Luiz Eduardo Fontes Williams (“Williams”), a remainderman of the trust, •cannot establish any damages and therefore cannot successfully maintain a claim for breach of fiduciary duty. For the reasons set forth below, the Court denies Morgan’s motion.

II. FACTS

The facts of this case have been set forth in two prior decisions of this…

2Cases cited11 opinions

  1. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  2. Cruden v. Bank of New YorkCourt of Appeals for the Second Circuit · 1992
  3. The Travelers Insurance Company v. 633 Third AssociatesCourt of Appeals for the Second Circuit · 1994
  4. Robert B. Dennis, Etc. v. Rhode Island Hospital Trust National Bank, Robert B. Dennis, Etc. v. Rhode Island Hospital Trust National BankCourt of Appeals for the First Circuit · 1984
  5. First Investors Corporation v. Liberty Mutual Insurance CompanyCourt of Appeals for the First Circuit · 1998

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