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Trust for Benefit of Hospital May Go To Successor of Med School in Cy Pres

Trust for Benefit of Hospital May Go To Successor of Med School in Cy Pres

Trust for Benefit of Hospital May Go To Successor of Med School in Cy Pres

Court says donor would have approved use for provision of healthcare in clinics in area
Can you follow the bouncing ball? After more than seven years of litigation, an appellate court in Pennsylvania has decided who should receive the benefit of a trust left for a Philadelphia hospital that has gone through several reorganizations, bankruptcy, sale to a for-profit company, and dissolution since the donor’s death in 1919. The Court has affirmed award of the income to one of the successor organizations created out of the bankruptcy of the Allegheny Health, Education and Research Foundation (“AHERF”) in 1998. ( Estate of Elkins , Pa. Superior Ct., No. 2147 EDA 2009, 9/1/11 .)

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