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Corporate Trust Litigation

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Michael C. McCarthy
Partner
612.672.8347
Michael C. McCarthy Email
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Ranked a Leading Minnesota Firm for Litigation by Chambers USA 2024

Maslon’s Financial Services Group has extensive experience in obtaining judicial relief for institutional trustees and other parties to trust agreements, indentures, and other financial agreements involving trusts. Our representation includes the prosecution of claims by trustee clients on behalf of investors as well as the defense of trustees from claims brought against them.

To limit corporate trustee legal risks, we regularly avail trustee clients of a key statute in Minnesota permitting trustees to obtain judicial instructions with respect to a specified action under a trust agreement or indenture, such as the sale of a project or the settlement of litigation affecting investors. Our experience under this statute covers collateral trusteeships, testamentary trusts, corporate indentures, municipal finance trusteeships, and structured finance arrangements.

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