The court considered whether the trustee's signature on an investment/brokerage account agreement agreeing to arbitration binds the minor beneficiary of the Alexis Breanna Gladden Irrevocable Trust to arbitrate unknown future disputes. The court held that while the trustee can agree to arbitrate existing claims, they cannot bind the minor to arbitrate unknown future disputes. The Circuit Court's judgment was reversed and the case remanded.
documents/vol00010-efta01368177-pdf.pdf
{"title":"ALEXIS BREANNA GLADDEN v. CUMBERLAND TRUST AND INVESTMENT COMPANY, ET AL","key_people":["Alexis Breanna Gladden","D. Michael Swiney","Charles D. Susano Jr.","John W. McClarty","F. Braxton Terry","W. Lewis Jenkins Jr.","Wade Harvey Jr.","Mark D. Griffin","Will E. Routt","Albert M. Alexander Jr."],"document_date":"2016-03-24","document_type":"legal","key_locations":["Hamblen County, Tennessee","Morristown, Tennessee","Dyersburg, Tennessee","Memphis, Tennessee"],"document_subtype":"Court Opinion","key_organizations":["Cumberland Trust and Investment Company","Wunderlich Securities, Inc."]}