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Latest Trust law Stories

2014-07-21 12:23:27

DALLAS, July 21, 2014 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Cross Timbers Royalty Trust (NYSE - CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.231299 per unit, payable on August 14, 2014, to unitholders of record on July 31, 2014. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions....

2014-07-21 12:23:15

DALLAS, July 21, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.118511 per unit, payable on August 14, 2014, to unit holders of record on July 31, 2014. This month's distribution increased from the previous month due to both decreased operating expenses and lower capital expenditures offset by slightly decreased production of oil and a reduction of gas produced and...

2014-07-16 23:13:26

On Thursday, August 7, Westchester elder law attorney Anthony J. Enea, managing partner at Enea, Scanlan & Sirignano, LLP in White Plains, N.Y., will lecture on the drafting of Medicaid Asset Protection Trusts at the New York State Bar Association’s (NYSBA) 2014 Summer Meeting of the Elder Law and Special Needs Section. White Plains, NY (PRWEB) July 16, 2014 On Thursday, August 7, Westchester elder law attorney Anthony J. Enea, managing partner at Enea, Scanlan & Sirignano, LLP...

2014-07-07 23:02:15

Innovest announced today that Amalgamated Bank of Chicago has chosen Innovest’s InnoTrust as its corporate and institutional trust platform. New York, NY (PRWEB) July 07, 2014 Innovest announced today that Amalgamated Bank of Chicago has chosen Innovest’s InnoTrust as its corporate and institutional trust platform. In addition to InnoTrust, Innovest’s flagship accounting platform, Amalgamated will be using Innovest’s payment solutions to streamline its disbursement operations. In...

2014-07-03 12:22:14

DALLAS, July 3, 2014 /PRNewswire/ -- Southwest Bank, as Trustee of the Sabine Royalty Trust (NYSE:SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.25364 per unit, payable on July 29, 2014 to unit holders of record on July 15, 2014. Sabine's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its...

2014-06-20 16:21:16

DALLAS, June 20, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today announced that at the special meeting of the Trust's unitholders held today, the unitholders of the Trust voted to approve the proposal to appoint Southwest Bank as successor trustee to serve as trustee of the Trust once the resignation of the current Trustee of the Trust takes effect. The effective date of Bank of America, N.A.'s resignation as trustee of the Trust will be August 29,...

2014-06-20 12:24:13

DALLAS, June 20, 2014 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.096581 per unit, payable on July 15, 2014, to unit holders of record on June 30, 2014. This month's distribution decreased from the previous month due to a decrease to the trust in both production and pricing of both oil and gas. Also, LOE and capital expenditures rose from the previous month,...

2014-06-20 08:20:59

DALLAS, June 20, 2014 /PRNewswire/ -- Southwest Bank, as Trustee of the Hugoton Royalty Trust (NYSE: HGT) (the "Trust"), today declared a cash distribution to the holders of its units of beneficial interest of $0.094512 per unit, payable on July 15, 2014, to unitholders of record on June 30, 2014. The following table shows underlying gas sales and average prices attributable to the net overriding royalty payments made by XTO Energy Inc. (XTO Energy) to the Trust for both the current...

2014-06-20 08:20:55

DALLAS, June 20, 2014 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Cross Timbers Royalty Trust (NYSE: CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.168175 per unit, payable on July 15, 2014, to unitholders of record on June 30, 2014. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions....

2014-06-18 16:22:46

DALLAS, June 18, 2014 /PRNewswire/ -- Dominion Resources Black Warrior Trust (NYSE: DOM) In view of the unusual market activity in the Trust's units, the New York Stock Exchange has contacted the Trustee in accordance with its usual practice. The Trustee stated that its policy is not to comment on unusual market activity. The Trust is designed to provide unitholders with quarterly cash distributions from its royalty interests in certain coal seam gas properties. The units are...


Word of the Day
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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