Virginia Ladd v. Margaret Stockham, as Personal Representative of the Estate of Herbert Stockham, Deceased Margaret…

Summary

The Alabama Supreme Court affirmed the summary judgment barring Virginia Ladd's breach‑of‑fiduciary‑duty claim because the claim was time‑barred under the applicable statutes of limitations, and reversed and remanded the trial court's denial of Margaret Stockham's request for reimbursement of costs and attorney fees, holding that a trustee is entitled to such reimbursement for a successful defense of a breach‑of‑trust claim. Justice Shaw, dissenting in part and concurring in the result on the cross‑appeal, argued that the trial court's denial should be upheld.