Friday, October 13, 2006

Brooke Astor gets a friend and corporate trustee as guardians

Brooke Astor's son Anthony Marshall was replaced as guardian of his mother's affairs by her friend Annette de la Renta and JPMorgan Chase & Co., settling a lawsuit that charged Marshall with neglecting his mother, according to this Bloomberg report.

A lawyer for the new, permanent, guardians says the settlement includes a court order that Anthony Marshall, Astor's son, and his wife will make "substantial immediate repayment of cash and other property, including jewelry and art, to Mrs. Astor's estate.''

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