Statute Of Limitations Barred Successor Trustee From Pursuing Claims Against Predecessor
October 3, 2013
by: Luke Lantta
To the extent that a successor trustee must pursue claims against the predecessor trustee, when does the clock start ticking for the successor to bring those claims? The answer to that question likely ends up being state specific, but in Robert K. Ward Living Trust v. Peck, we get some guidance under North Carolina law, including some clarification on whether the “continuing wrong doctrine” applies to breach of trust claims against a trustee.
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