Wilmington Trust Company v. Coulter

How courts have described this case

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

• stating that court may not substitute its judgment for the business judgment of the trustee
• holding that a trustee’s duty to trustee’s beneficiaries in administering the trust is to exercise the care and skill a person a person of ordinary prudence would exercise in dealing with a person’s own property in the light of the situation existing at the time
• holding that a trustee’s duty to trustee's trust and to trustee’s beneficiaries in administering the trust is to exercise the care and skill a person of ordinary prudence would exercise in dealing with a person’s own property in the light of the situation existing at the time
• in the context of the duty of a trustee, “[w]hen all is equal ... it is plain that the Trustee is bound to obtain the best price obtainable”

Source: CourtListener parenthetical corpus (CC0).