{"id":3663,"date":"2016-01-01T15:48:56","date_gmt":"2016-01-01T20:48:56","guid":{"rendered":"http:\/\/resources.evans-legal.com\/?p=3663"},"modified":"2016-01-19T13:33:54","modified_gmt":"2016-01-19T18:33:54","slug":"punitive-damages-trustee","status":"publish","type":"post","link":"https:\/\/resources.evans-legal.com\/?p=3663","title":{"rendered":"Punitive Damages against Trustee"},"content":{"rendered":"<p>Surcharge imposed against trustee for more than $600,000 for &#8220;reimbursements&#8221; to herself, but surcharge for failure to properly invest funds denied because the testimony of the expert witness was speculative and simplistic and lacked a solid foundation.\u00a0 In addition, punitive damages of more than $300,000 imposed for conduct the court found to be intentional and reckless.\u00a0 Simple interest imposed at the legal rate of 6% from the date of each &#8220;distribution&#8221; the trustee made to herself.\u00a0 <em>Gansky Trust<\/em>, 4 Fid.Rep.3d 330 (O.C. Montg. 2015) (opinion by Ott, J.)<\/p>\n<p>On exceptions, the surcharge was recalculated, simple interest at 6% was affirmed, punitive damages were denied, and attorney fees for the objectants were denied.\u00a0 <em>Gansky Trust<\/em>, 6 Fid.Rep.3d 27 (O.C. Montg. 2015) (opinion by Murphy and Ott, JJ.).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Surcharge imposed against trustee for more than $600,000 for &#8220;reimbursements&#8221; to herself, but surcharge for failure to properly invest funds denied because the testimony of the expert witness was speculative and simplistic and lacked a solid foundation.\u00a0 In addition, punitive &hellip; <a class=\"more-link\" href=\"https:\/\/resources.evans-legal.com\/?p=3663\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[34],"tags":[244,146,500,499,161],"class_list":["post-3663","post","type-post","status-publish","format-standard","hentry","category-opinions","tag-42-pa-c-s-2503","tag-attorney-fees","tag-interest-on-surcharge","tag-punitive-damages","tag-surcharge","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/3663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3663"}],"version-history":[{"count":3,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/3663\/revisions"}],"predecessor-version":[{"id":3709,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/3663\/revisions\/3709"}],"wp:attachment":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}