Nigro v. First National Bank of Boston

1. A master, finding the brothers Samuel and Carl Nigro to be in irreconcilable conflict and deadlock, recommended that the court order the dissolution, as sought by Samuel, of the Nigro Real Estate Trust and distribution of the assets in specie to the two brothers, who held the shares of the trust in equal numbers and were the sole trustees. The judge adopted the report but expressed doubt about his authority to *904order dissolution of a Massachusetts business trust at the request of one shareholder and over the objection of another and about his authority to order distribution in specie.…