NC Fiduciary Litigation Commentary

Lord & Lindley - Lawyers in Charlotte NC

Removal Of Corporate Trustees in North Carolina

July 8, 2015

     The landscape of the American economy changed dramatically in the last decade, particularly due to the 2008 financial crisis.  America’s largest commercial banks were forced to sell assets, reorganize, shake-up top management positions, and/or close altogether.  As a result, trusts managed by corporate trustees experienced high turnover among trust officials and changes in…

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