Legal Opinion
In re the Accounting of Bankers Trust Co.
New York Court of Appeals
Decided June 5, 1984PublishedCited by 22 opinions
APPEARANCES OF COUNSEL
1Opinion of the Court
OPINION OF THE COURT
Memorandum.
The order of the Appellate Division should be affirmed, with costs to respondent payable by all appellants jointly, for the reasons stated in the opinion Per Curiam in that court (93 AD2d 583).
In view of the arguments pressed in our court we add that, even if this trustee had settled on a plan (perhaps more accurately, an objective) to effect the prompt liquidation of the Coleman shares as opportunity afforded, nothing in the prudent man standard required, in this instance, continuing adherence to that plan or precluded its modification or abandonment. The…
2Cases cited3 opinions
- King v. . TalbotNew York Court of Appeals · 1869
- In re the Accounting of the Bank of New YorkNew York Court of Appeals · 1974
- In re the Accounting of Bankers Trust Co. of RochesterAppellate Division of the Supreme Court of the State of New York · 1983
3Cited by22 opinions
- In Re the Estate of JanesNew York Court of Appeals · 1997
- In Re the Estate of DonnerNew York Court of Appeals · 1993
- In re the Estate of JanesAppellate Division of the Supreme Court of the State of New York · 1996
- In Re the Judicial Settlement of the Intermediate Account of HSBC Bank USA, N.A.Appellate Division of the Supreme Court of the State of New York · 2012
- National Union Fire Insurance v. Proskauer Rose Goetz & MendelsohnNew York Supreme Court · 1994
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