Nelson v. FIRST NAT. BANK AND TRUST CO. WILLISTON
Court of Appeals for the Eighth Circuit
1Opinion of the Court
COLLOTON, Circuit Judge.
The beneficiaries of the Leonard Nelson Trust, Jane Nelson and Bruce Nelson, as well as the trustee, U.S. Bank National Association, N.D. (U.S. Bank), appeal an adverse grant of summary judgment on their North Dakota breach of fiduciary duty claim against the trust’s former trustee, First National Bank and Trust Company of Williston (First National). We affirm the judgment of the district court. 2
I
Leonard Nelson established the Leonard Nelson Trust in 1998, naming First National as trustee. The trust was designed, among other things, to pay the taxes due on his estate,…
2Cases cited6 opinions
- Nesvig v. NesvigNorth Dakota Supreme Court · 2004
- Perling v. Citizens & Southern National BankSupreme Court of Georgia · 1983
- Trout v. PrattSupreme Court of Virginia · 1907
- Northwestern Trust Co. v. GetzNorth Dakota Supreme Court · 1936
- In Re the Trusteeship of WilliamsCourt of Appeals of Minnesota · 1999
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3Cited by5 opinions
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- Van Gundy v. Van GundyColorado Court of Appeals · 2012
- DeKalb Cty. Pension Fund v. Transocean Ltd.Court of Appeals for the Second Circuit · 2016
- DeKalb Cty. Pension Fund v. Transocean Ltd.Court of Appeals for the Second Circuit · 2016
- Redlin Trust v. First Interstate BankSouth Dakota Supreme Court · 2024