Constructive Trusts : Wills, Trusts, and Estate Planning

Constructive Trusts

How "Long" Is The Long Arm Of Justice? Exercising Maximum Power to Secure Prejudgment Protection of Assets
Jonathan S. Parritz of Maslon Edelman Borman & Brand, LLP

At first, the challenge seemed formidable. Our clients, two Minnesota individuals, claimed that they had been fraudulently induced to lend millions of dollars to another individual, a resident of the State of Colorado. The borrower invested most of the money in real estate located in Montana, Idaho and Colorado, and was moving the rest of it through several banks in these and other states.
Key Employee Stock Ownership Plan Grant Invalidated
Stephen A. Radin of Weil, Gotshal & Manges LLP

This article reviews a Delaware Court of Chancery's decision that reviewed the issue of whether a the board of directors breached their fiduciary duty in granting additional stock to key employees.