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MURPHY v. CENTRAL BANK & TRUST CO.

No. 83CA0514.

699 P.2d 13 (1985)

Margaret MURPHY, Eleanor Murphy, Michael W. Sweeney, as Personal Representative of the Estate of Margaret Anne Sweeney, Helen Hickisch, Kathryn Jane Pojman, and Anne Louise Mohrman, Plaintiffs-Appellees, v. The CENTRAL BANK AND TRUST CO., Defendant-Appellant.

Colorado Court of Appeals, Div. I.

Rehearing Denied March 28, 1985.

Attorney(s) appearing for the Case

George T. Ashen, John P. McDonnell, Jr., Denver, for plaintiffs-appellees.

Paul V. Rupp, John E. Bush, Denver, for defendant-appellant.

BABCOCK, Judge.

Central Bank & Trust Company (the bank) appeals the trial court judgment awarding damages for a breach of fiduciary duty during the bank's administration of a trust. The bank asserts error only in the assessment of damages. We affirm.

I.

The bank first contends that the trial court erred in assessing damages from the sale of the Bretz property. We disagree.

A trustee's duty of loyalty and of reasonable care dictates that...

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