Legal Opinion
Law v. Law
Supreme Court of Delaware
Decided April 10, 2000No. 337, 1999PublishedCited by 8 opinions
1Opinion of the Court
HARTNETT, Justice.
We hold that the Court of Chancery correctly held that the Appellants, Kathryn and Gary Law, breached their fiduciary duties as Trustees under the Trust created by the will of their mother, Virginia M. Law, because they failed to dispute the incorrect amount of money received to fund the Trust from the Executor and because they failed to timely file the ac-countings required by Court of Chancery Rule 114. We also hold that the Court of Chancery incorrectly held that the trustees breached their fiduciary duties to the Trust by investing the corpus in tax-exempt government…
2Cases cited11 opinions
- Emmons v. Hartford Underwriters InsuranceSupreme Court of Delaware · 1997
- Hogg v. WalkerSupreme Court of Delaware · 1993
- Wilmington Trust Company v. CoulterSupreme Court of Delaware · 1964
- Shell Petroleum, Inc. v. SmithSupreme Court of Delaware · 1992
- Playtex FP, Inc. v. Columbia Casualty Co.Superior Court of Delaware · 1992
6 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- McNeil v. McNeilSupreme Court of Delaware · 2002
- Capaldi v. RichardsSupreme Court of Delaware · 2005
- Frederick-Conaway v. BairdSupreme Court of Delaware · 2017
- Harrow v. Street (In Re Fruehauf Trailer Corp.)United States Bankruptcy Court, D. Delaware · 2007
- Debra Rende and Paula Lombard v. Frank RendeCourt of Chancery of Delaware · 2023
3 more not listed; retrieve them via the Exa API.