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What is Trust Litigation: Snook v. Trust Co. of Georgia about?

This summarizes a court document regarding a case between trust beneficiaries and trustees. It discusses: 1) The plaintiffs (trust beneficiaries) previously sued the defendant trustees over their liquidation of a company. The trustees then sued claiming the beneficiaries violated a "no contest" clause. The Georgia Supreme Court sided with the beneficiaries. 2) The beneficiaries now sue the trustees in federal court alleging securities, racketeering, and state law violations. They seek to enjoin the trust

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Scribd Government Docs

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EN