From Palm Beach Daily News: Jimmy Buffett estate lawsuit: Judge orders mediation in battle between widow, adviser
A judge has denied a request from Jimmy Buffett’s widow to immediately suspend the late singer-songwriter’s financial adviser as co-trustee of the couple’s estate, which has an estimated value of $275 million.
Palm Beach County Judge Charles Burton also ordered that Jane Buffett and the adviser, Richard “Rick” Mozenter, attend mediation “so that each party fully understands their fiduciary duties with regard to the administration of this trust and to specifically address the issues surrounding this litigation,” Burton wrote in the Aug. 27 order.
Burton also gave Jane Buffett 20 days to file an updated counterclaim, and he said that an entity named Coral Gables Trust Co. can remain a co-trustee of the trust. Jane Buffett will have the right to seek legal action to remove that entity, Burton ruled.
A representative for Jane Buffett declined to comment. A representative for Mozenter also declined to comment and referred to court filings in the case.
Read the full article at Palm Beach Daily News: Jimmy Buffett estate lawsuit: Judge orders mediation in battle between widow, adviser