Fiduciary Law Update May 2013
Dana G. Fitzsimons Jr., Turney P. Berry & Gerard G. Brew outline the major developments in Fiduciary law over the past 3 months
LIable or Not?
With litigation on the rise, fiduciaries and their advisors are striving to reduce or eliminate risk and understand how time-worn fiduciary principles may be applied in a world with volatile markets, changing trust and tax laws and a seemingly endless sea of lawyers looking for targets with deep pockets.
Dumont Stands
New York's highest court let the decision in Matter of Dumont stand, creating a bit of a mess in New York and adding to the cacophony of recent state