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Ted Edwards, a lawyer for the trustees in Florida, declined to comment.
That response was always going to be, "It's entirely a matter for the Trustees".
"That is a matter solely for the Trustees" is always its response.
Money managers are agents for the trustees who are agents for the beneficiaries.
Edward Friedman, a lawyer for the trustees, did not immediately return a call seeking comment.
"This is the last chance for the trustees of charities, who allowed this happen, to put their house in order.
Similar(10)
And it could be a P.R. thing for the trustee.
It was, in other words, a slam dunk ruling for the trustee.
A spokesman for the trustee said no decision had been made.
An accounting expert, Bruce Dubinsky, will be the first witness for the trustee, Irving H. Picard.
Perhaps the most intriguing witness, who is scheduled last for the trustee, is Noreen Harrington.
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