Gaslowitz Frankel Partner Robert C. Port will participate in a Stafford Live CLE webinar alongside two other esteemed litigators focusing on breach of fiduciary claims against trustees of closely held business assets.
The June 27th webinar, which will air live at 1 p.m. EDT, will provide estate planning counsel, fiduciary advisors, and litigators with a thorough and practical guide to pursuing and defending breach of fiduciary duty claims against trustees whose trusts have significant or controlling interests in closely held businesses. These circumstances often arise after the death of a principal owner or founder.
Kenneth J. Fair, Partner at Wright & Close, Houston, Texas, and Tina N. Babel, Principal at Carmody MacDonald, St. Louis, Missouri, will join Mr. Port in facilitating a discussion about the following topics:
- Identifying increased possibility of conflict of interest claims due to having to strike a balance between the duties owed as trustee and those owed as officer/manager.
- How courts apply the standard of fiduciary duty and the business judgment rule in evaluating whether a trustee/manager acted properly.
- Business judgment rule presumptions relating to the good faith and ordinary care of the trustee acting as officer/manager, and how those presumptions might be rebutted.
- The types of documents and fact patterns that could impact if the trustee/manager can demonstrate that they met their fiduciary duties and obligations.
Webinar registration is available here.
Robert C. Port is a partner and business litigation attorney at Gaslowitz Frankel, LLC. His extensive experience in fiduciary law includes general commercial litigation and disputes involving wills, trusts, estates, guardianships, conservatorships, and financial advisor misconduct. Mr. Port has handled court and arbitration cases across a broad range of fiduciary and financial disputes. For more information about resolving fiduciary disputes, please visit www.gaslowitzfrankel.com.