Legal Opinion
Stark v. United States Trust Co. of NY
District Court, S.D. New York
Decided January 5, 1978No. 76 Civil 1694PublishedCited by 24 opinions
1Opinion of the Court
OPINION, FINDINGS OF FACT AND CONCLUSIONS OF LAW
EDWARD WEINFELD, District Judge.
On April 29, 1965, the late Henry Harwood Rousseau created four inter vivos trusts (the “Trusts”) for the benefit of each of his four daughters and their descendants (the “beneficiaries”). Named as Trustee in each of the Trusts was the defendant, United States Trust Company of New York (“USTC” or the “Trustee”). Plaintiffs, the beneficiaries, brought this action to recover losses incurred in the Trusts, allegedly the result of defendant’s lack of prudent management. 1 Their charges center about defendant’s…
2Cases cited38 opinions
- King v. . TalbotNew York Court of Appeals · 1869
- Federal Trade Commission v. Procter & Gamble Co.Supreme Court of the United States · 1967
- Carrier v. . CarrierNew York Court of Appeals · 1919
- In Re the Accounting of Fulton Trust Co.New York Court of Appeals · 1931
- In re the Accounting of HubbellNew York Court of Appeals · 1951
33 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- 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
- Michael Kolentus v. Avco Corporation and Avco Precision Products Division, Avco Corporation, and Chemical BankCourt of Appeals for the Seventh Circuit · 1986
- O'BRIEN v. Massachusetts Bay Transportation AuthorityMassachusetts Supreme Judicial Court · 1989
- American Communications Ass'n v. Retirement Plan for Employees of RCA Corp.District Court, S.D. New York · 1980
- In Re Estate of PirieAppellate Court of Illinois · 1986
19 more not listed; retrieve them via the Exa API.