W. H. Slay v. Mary Couts Burnett Trust

Summary

The Texas Supreme Court affirmed in part, reversed in part, and remanded the case, holding that trustees may sue on behalf of the trust without joining the beneficiary when there is no conflict of interest, that a trial court may enter judgment on undisputed evidence after a jury is discharged, and that trustees who received secret profits from trust loans are liable to account for those profits to the beneficiary.