Quimbee logo
DMCA.com Protection Status
From our private database of 16,300+ case briefs...

Allard v. Pacific National Bank

Washington Supreme Court
663 P.2d 104 (Wash. 1983)


J.T. and Georgiana Stone created a trust in favor of their children, Freeman Allard and Evelyn Orkney (plaintiffs). The Stones named Pacific National Bank (Pacific Bank) (defendant) as trustee. In 1978, the trust’s sole asset was land located in downtown Seattle. The trust language gave Pacific Bank full power to manage, sell, or exchange the property. The property was subject to a 99-year lease held by Seattle-First National Bank (Seafirst Bank). Under the lease, Seafirst Bank had the right of first refusal to purchase the property. In 1977, Seafirst Bank transferred its interest in the property to the City Credit Union of Seattle (Credit Union). In 1978, Credit Union offered to purchase the property for $200,000.00. Pacific Bank accepted the offer and gave Credit Union the deed on August 17, 1978. On September 26, 1978, Pacific Bank notified the plaintiffs of the sale. The plaintiffs brought suit in the King County Superior Court, alleging that Pacific Bank breached its fiduciary duty in managing the trust.

Rule of Law


Holding and Reasoning (Dolliver, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.

Here's why 370,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 16,300 briefs, keyed to 223 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Questions & Answers

Have a question about this case?

Sign up for a free 7-day trial and ask it

Sign up for a FREE 7-day trial