Home -> Law Blog Directory -> Arbitration & Mediation Blogs -> Mediation Marketing Tips

Arbitration & Mediation

: Mediation Marketing Tips

Wow! $95 million judgment; $5 million in punitive damages…

By Kristina R Haymes

From the desk of Del Mar Estate Planning lawyer, Kristina Haymes, preparing estate plans for all of San Diego County (and virtually throughout CA)… I was reading a recent appellate court decision regarding the appeal of a $95 million dollar judgment for Breach of Trust… This has to be one of the worst cases of breach of trust (which is a breach of a trustee’s fiduciary duty to the beneficiaries of a trust) I have seen.  The Trustee in the case basically took out loans and took money from the Trusts he was acting as Trustee for and used the funds for his own benefit.  He was forced to disgorge the profits he gained from purchasing stock and other investments with money that was not his. This case is a good reminder that is very important to choose a trustee wisely...continue to full post

Full post as published by Mediation Marketing Tips on November 03, 2010 (boomark / email).