Defense of Trustees in an Action for Breach of Fiduciary Duty and Removal
A beneficiary sought the removal of two trustees of a Massachusetts Business Trust, alleging that the trustees had acted beyond their authority and breached their duties in carrying out a number of complicated transactions designed to place a conservation easement on family-owned land and exchange various parcels of land among several trusts. At trial, the Court found that the trustees had not breached their duties and awarded fees and costs to the trustees. The Appeals Court determined that the trustees had authority under the trust to effectuate the transactions at issue and affirmed the trial court’s determination that no breach of fiduciary duty occurred.
Court of Appeals Victory for a Multifamily Developer
When a trial judge ordered that construction on a client’s multifamily project in Washington, DC must stop unless the client obtained new approvals, Goulston & Storrs stepped in and persuaded the Court of Appeals to vacate the trial court’s injunction order and reverse the trial court’s decision on the merits, clearing the way for the completion of the client’s project.
Defending Law Firm and Lawyers in Estate and Business Succession Case
Defense of a law firm and individual lawyers against malpractice claims arising out of the preparation of an estate and business succession plan.
Invalidating Zoning Changes
We assisted a real estate developer in successfully invalidating a zoning change adopted by a town in an effort to block its project.
Establishment of Rent During Extension of Commercial Lease
Defense of a lawsuit seeking to vacate an arbitration award pertaining to the establishment of rent due during the extension term of a lease for commercial office space.
Affordable Housing Owner Obligation Dispute
Representation of the owners of affordable housing developments in disputes with a state agency concerning the owners’ obligations upon the prepayment of their mortgage loans and claims that they have been overcharged mortgage interest over a period of years.