Although the result of the Opinion is small Rohlf gets leave to amend the lessons of this Opinion are very substantial.

FORBES: As An Asset Protection Trust, Henry's Trust Was A Notable Failure

Another argument that Rohlf made was that BNY Mellon intentionally kept the trust assets liquid to intentionally reduce the value of the Trust and thus hasten the calling of the Note.

FORBES: As An Asset Protection Trust, Henry's Trust Was A Notable Failure

But the argument was good enough to convince the Court to allow Rohlf to amend his counter-petition to specify with more particularity the self-dealing by Mellon BNY, so presumably we will hear more of this case in the coming months.

FORBES: As An Asset Protection Trust, Henry's Trust Was A Notable Failure