Magistrate Refuses To Lift Stay, Cites No ‘Substantial Changes’ In Trust Dispute

Mealey's (January 3, 2023, 2:17 PM EST) -- CHICAGO — An Illinois federal magistrate judge on Dec. 30 denied a trust beneficiary’s motion to lift a stay in a breach of fiduciary duty suit filed against his sister, the primary successor trustee of their deceased father’s trust, finding that the trust beneficiary failed to show “substantial changes” that would alter a federal judge’s 2012 stay order pending the resolution of the trust beneficiary’s countercomplaint against his siblings in a state court dispute over the trust’s assets....