Legal Opinion

Fortune v. First Union National Bank

Court of Appeals of North Carolina

Decided September 1, 1987No. 8612SC1213PublishedCited by 6 opinions

1Opinion of the Court

EAGLES, Judge.

I

Defendant first argues that the trial court erred in denying its motions for directed verdict and for judgment notwithstanding the verdict. Defendant contends that the evidence was insufficient to show it breached its fiduciary duty, and that Dale Fortune’s claims were barred by the statute of limitations. We disagree.

An executor acts in a fiduciary capacity to those who are beneficiaries of the estate. See Moore v. Bryson, 11 N.C. App. 260, 181 S.E. 2d 113 (1971); G.S. 32-2. G.S. 28A-13-10(c) provides that an executor of an estate is liable:

[F]or any loss to the estate arising…

2Cases cited16 opinions

  1. State v. OdomSupreme Court of North Carolina · 1983
  2. Worthington v. BynumSupreme Court of North Carolina · 1982
  3. Bryant v. Nationwide Mutual Fire InsuranceSupreme Court of North Carolina · 1985
  4. Bryan Builders Supply v. MidyetteSupreme Court of North Carolina · 1968
  5. Wilson County Board of Education v. LammSupreme Court of North Carolina · 1970

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

3Cited by6 opinions

  1. Pittman v. BarkerCourt of Appeals of North Carolina · 1995
  2. Fox v. BarrettCourt of Appeals of North Carolina · 1988
  3. Boomer v. CarawayCourt of Appeals of North Carolina · 1994
  4. Matthews v. WatkinsCourt of Appeals of North Carolina · 1988
  5. Matthews v. WatkinsCourt of Appeals of North Carolina · 1988

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

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