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State court of last resort · ST-VA-SC
Riverside Healthcare Ass'n v. Forbes
No. 100108Supreme Court of Virginia
100108 Riverside Healthcare Ass'n v. Forbes 04/21/2011 In a trustee's action concerning allocation of compensation from an eminent domain proceeding between income and principal, because the grantor expressly …
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100108 Riverside Healthcare Ass'n v. Forbes 04/21/2011 In a trustee's action concerning allocation of compensation from an eminen…
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- Supreme Court of Virginia
- First added here
- October 4, 2026
- Last entry
- April 21, 2011
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100108 Riverside Healthcare Ass'n v. Forbes 04/21/2011 In a trustee's action concerning allocation of compensation from an eminent domain proceeding between income and principal, because the grantor expressly directed the allocation of such compensation to income under the language appearing in the trust agreement, the portion of the circuit court's judgment granting partial summary judgment in favor of the trustee is affirmed. However the circuit court erred in sustaining the trustee's demurrer to the remainder beneficiary's counterclaim for an equitable accounting pursuant to Code § 8.01-31, and that portion of the judgment is reversed.
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· Supreme Court of Virginia
ReversedAffirmedGranted
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100108 Riverside Healthcare Ass'n v. Forbes 04/21/2011 In a trustee's action concerning allocation of compensation from an eminent domain proceeding between income and principal, because the grantor expressly directed the allocation of such compensation to income under the language appearing in the trust agreement, the portion of the circuit court's judgment granting partial summary judgment in favor of the trustee is affirmed. However the circuit court erred in sustaining the trustee's demurrer to the remainder beneficiary's counterclaim for an equitable accounting pursuant to Code § 8.01-31, and that portion of the judgment is reversed.
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