Legal Opinion
May v. OKLAHOMA BANK AND TRUST CO.
Supreme Court of Oklahoma
Decided June 14, 2011No. 107,707PublishedCited by 4 opinions
1Opinion of the Court
COLBERT, V.C.J.
T1 The issue in this matter is whether a trustee is entitled to charge the trust for attorney fees it incurred and a "special trustee fee" it imposed for recovering a portion of the royalty income which the trust would have received if trustee had met its statutory obligation to file a partial decree of distribution that transferred the mineral estate to the trust. This Court holds that fees incurred as a result of the trustee's negligence are not chargeable to the trust under the Oklahoma Trust Act.
FACTS AND PROCEDURAL HISTORY
12 This matter began in 1996, when Marvin Gentry…
2Cases cited8 opinions
- United States v. MitchellSupreme Court of the United States · 1983
- Hargrave v. Canadian Valley Electric Cooperative, Inc.Supreme Court of Oklahoma · 1990
- Schovanec v. Archdiocese of Oklahoma CitySupreme Court of Oklahoma · 2008
- Citizens & Southern National Bank v. HaskinsSupreme Court of Georgia · 1985
- City of Yukon v. International Ass'n of Firefighters, Local 2055Supreme Court of Oklahoma · 1990
3 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Margaret Blair Trust v. BlairCourt of Civil Appeals of Oklahoma · 2016
- Graves v. JohnsonCourt of Civil Appeals of Oklahoma · 2015
- Clifford Neil Ribner v. Apple Inc.; Apple (iCloud) Inc.; John Doe, multiple, additional, presently-unknown individualsDistrict Court, N.D. Oklahoma · 2025
- FARGO v. HAYS-KUEHNSupreme Court of Oklahoma · 2015