The donee of a power of appointment over a trust tried to bargain away his exercise of the power as part of a Nevada divorce settlement in 1962—although in later years he came to understand that he lacked the legal power to do so, and therefore exercised the power in a different manner under his […]
Upon petition by Connolly Gallagher attorneys, the Delaware Court of Chancery exercised its equitable power of deviation to modify a trust’s provisions regarding the selection of members of a committee playing a role in the trust’s governance.
Upon petition by Connolly Gallagher attorneys, the Delaware Court of Chancery exercised its equitable power of deviation to modify a trust’s provisions regarding the selection of members of a committee playing a role in the trust’s governance.