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Chancery Rules on Duties of Trustee

By Francis G. X. Pileggi, Esq.

pIn emGilmore v. Gilmore/em, (Del. Ch., Dec. 3, 2008), read opinion a href="http://courts.state.de.us/opinions/(f13zbcjisng4j134yamj54ak)/download.aspx?ID=114600"here/a, the Delawarenbsp;Chancery Court, innbsp; a short letter decision, addresses the fiduciary duties of the trustee of a trust.nbsp; As an historic note, nbsp;it is these same fiduciary duties thatnbsp;the Delaware courtsnbsp;quot;transportedquot; from the Englishnbsp;common law to apply (and evolve and develop) in the context of directors of corporations./pimg src="http://feeds.feedburner.com/~r/DelawareCorporateAndCommercialLitigation/~4/488984606" height="1" width="1"/

Full post as published by Delaware Corporate and Commercial Litigation Blog on December 18, 2008 (boomark / email).