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Eelen Young Ebling and Abby Lyon McDonald
v.
Sarah Hasken
Appellant
Eelen Young Ebling and Abby Lyon McDonald
Appellee
Sarah Hasken
Attorney for the Appellant
Darin S. Harmon
Attorney for the Appellee
Sean P. Moore
Court of Appeals
Court of Appeals Opinion
Opinion Number:
Date Published:
Summary
Appeal from the Iowa District Court for Dubuque County, Thomas A. Bitter, Judge. AFFIRMED. Considered by Tabor, P.J., and May and Greer, JJ. Opinion by Greer, J. (11 pages)
Trust beneficiaries appeal the district court’s ruling that Sarah Hasken, acting as trust advisor, did not have a conflict of interest with regard to a vote where Hasken refused to vote her shares on the issue of her own removal as a director. OPINION HOLDS: Because beneficiaries did not prove that Hasken’s vote—whether exercised or not—amounted to fraud, dishonesty, or abuse of discretion; or was done in bad faith; or that she had a conflict of interest; we affirm the district court’s ruling.
