Last week, the Supreme Court of Texas ordered that a trust dispute must be submitted to arbitration. InRachal v. Reitz, 11-0708, (Tex. May 3, 2013), a trust beneficiary, John Reitz, sued a successor trustee who was also the attorney who drafted the trust, Hal Rachal, Jr., for breach of fiduciary duty, misappropriation of trust assets, and failure to provide an accounting as required by state law. In addition, Reitz sought a temporary injunction against Rachal, his removal as trustee, and damages.
Rachal...
Texas Bar Corporate Counsel Section: Texas Supreme Court: a liability insurer’s duty to indemnify may exist even though the duty to defend may not initially attach http://www.lexology.com/library/detail.aspx?g=9f6ec233-d284-4197-8f53-75c58ca7ab7f&utm_source=Lexology+Daily+Newsfeed&utm_medium=HTML+email+-+Body+-+Primary+state+section&utm_campaign=State+bar+of+texas+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2011-04-21&utm_term=