Virginia Supreme Court gives those fighting to save Sweet Briar a win today. A VICTORY for the efforts to save Sweet Briar. Laws of trusts cannot apply to a corporation.
Donors everywhere can exhale, but only for a moment. Case now goes back to the Circuit Court.
Virginia Supreme Court provides many interesting prior case laws worth considering. Now the Circuit Court must consider a longer injunction, permanent injunction or some other remedy. Those hoping to save Sweet Briar would like to see a fiduciary appointed and the President and current Board’s decision making ability removed.
Analysis will undoubtedly be shared by experienced legal minds. A link to the full opinion is below (be sure to read the conclusions – there is some good stuff in there!):
Daisy and Indiana still rest in peace….Follow us....by
Share this....by Thanks for sharing!