Recent Cases of Interest to Fiduciaries: October 2011

Part 7 - Trustee Liability for Investment Losses (Part Two)

October 19, 2011

In this seventh 2011 installment of the McGuireWoods Fiduciary Advisory Services annual multipart series on recent fiduciary cases, developments in the law concerning the extent of the liability of a trustee for investment losses are examined through the following:

  • Gallagher v. Keybank, N.A. (New York)
  • Reed v. Regions Bank (Alabama)
  • Matter of Lasdon (New York)
  • Parris v. Regions Bank (Tennessee)
  • Matter of Hyde (New York)
  • Guest v. Frazier (California)
  • Museum Associates v. Schiff (California)
  • Scanlan v. Eisenberg (Illinois)

Click here for case details.

For our previous installments, see Part 1, Part 2, Part 3, Part 4, Part 5 and Part 6.