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SUNTRUST BANK v. FARRAR

Record No. 080550.

675 S.E.2d 187 (2009)

SUNTRUST BANK, Individually and as Trustee of the Trust Under the Last Will and Testament of Charles E. Wilson, Deceased. v. Sydney D.F. FARRAR, et al.

Supreme Court of Virginia.

April 17, 2009.

Attorney(s) appearing for the Case

Patrick R. Hanes (Stephen E. Baril; W. Benjamin Pace; Williams Mullen, on briefs), Richmond, for appellant.

Ray P. Lupold III (Charles T. Baskervill; Shell, Johnson, Andrews & Baskervill, on brief), Petersburg, for appellees.

Present: HASSELL, C.J., KEENAN, KOONTZ, LEMONS, and MILLETTE, JJ., and CARRICO, and LACY, S.JJ.

OPINION BY Justice LEROY F. MILLETTE, JR.

In this appeal, we consider whether the circuit court erred in entering a monetary judgment against the trustee and in favor of the beneficiaries of a trust for breach of fiduciary duty arising from the management of a coal mining property when the only evidence of damages presented by the beneficiaries was based on an appraisal without evidence of a willing buyer at the appraised...

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