· 6/28/1978
Harvey v. Leonard
Citations
- 268 N.W.2d 504
- 1978 Iowa Sup. LEXIS 1070
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- stating district courts have wide latitude in deciding whether to remove a trustee and “have consistently declined to so do unless such action is in the best interests of the trust and its beneficiaries”
- claim for breach of fiduciary duty is subject to five-year statute of limitations
- punitive damages may not be awarded unless compensatory damages are appropriate
- punitive damages may not be awarded unless compensatory damages are appropriate
- “It is a well established doctrine of trust law that trustees have a duty of loyalty to the trust they are administering and to its beneficiaries, and must act in good faith in all actions affecting the trust.”
- discussing the rule, then numbered 335
Source: CourtListener parenthetical corpus (CC0).
Judges: Moore, Mason, Rees, Reynoldson, McCor-mick
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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.