Law Practice
Sep. 29, 2010
Justices Restore Record Trust Judgment
In what lawyers say could be the largest single award against a trustee in California history, the 2nd District Court of Appeal ruled that a founder of Qualcomm must pay $94 million to the beneficiaries of a family trust he managed for 12 years.
Daily Journal Staff Writer
In what lawyers say could be the largest single award against a trustee in California history, the 2nd District Court of Appeal ruled that a founder of Qualcomm must pay $94 million to the beneficiaries of a family trust he managed for 12 years.
The ruling last week affirmed a substantial portion of the trial court's 2007 damages award against investor Neil Kadisha. It also reversed...
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