Peter Hennigan

Peter Hennigan is an attorney in Maslon's Litigation Group and has successfully represented clients across a broad range of matters including shareholder disputes, disputes involving trusts and fiduciary duties, business torts, and breaches of contract.

Nonjudicial Settlement Agreements, Spendthrift Trusts, and the “Material Purpose” Dilemma

and
April 2, 2019
avatar avatar

In 2015, the Minnesota legislature significantly expanded the scope of the Minnesota Trust Code’s Nonjudicial Settlement Agreement (“NJSA”) provisions to permit a wider range of issues to be resolved by way of such agreements.  Under Minn. Stat. § 501C.0111(b)-(c), “interested persons” may enter into binding NJSAs “with respect to any matter involving a trust” so long […]