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· 10/5/1995

First Healthcare Corp. v. Rettinger

Citations

  • 341 N.C. 648
  • 462 S.E.2d 510

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • affirming 5 district court’s award of damages which was reduced by fifty percent due to 6 government’s fifty-four-year delay in the exercising of its role as trustee
  • rule not applicable to claims for misfeasance or nonfeasance as opposed to claims for recovery of the trust corpus
  • In suit for breach of fiduciary duty, statute of limitations does not begin to run until the trust relationship is repudiated.
  • “While plaintiffs could not be absolutely certain [of] ... the extent of the damage[s] ... this is of no moment. Plaintiffs invariably bring lawsuits without knowing for sure what, if anything, they will recover.”

Source: CourtListener parenthetical corpus (CC0).

Read full opinion on CourtListener

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.