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Hindsight Is Always 20/20 in a Bear Market: Fiduciary Tools to Dull the Edge of Hindsight Bias in Trustee Investment Liability Lawsuits – Preparing for the COVID-19 Fallout

Trusts & Estates

Hindsight Is Always 20/20 in a Bear Market: Fiduciary Tools to Dull the Edge of Hindsight Bias in Trustee Investment Liability Lawsuits – Preparing for the COVID-19 Fallout

After the Great Recession, some courts found trustees liable for investment decisions that, at the time they were made, may have seemed reasonable. Julian Zebot and Nathaniel Ajouri apply lessons learned from the aftermath of the Great Recession to gain insight on how to protect trustees during the COVID-19 pandemic.

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