ALBANY – A scholarship to honor the memory of a Cornell University student who committed suicide had no value to his estate, and therefore was not an asset for purposes of setting fees for attorneys who helped represent his family, an appeals court decided.
A unanimous panel of the Appellate Division, Third Department, said Bradley Ginsburg’s family and Cornell made it clear when they reached a settlement establishing the Brad Ginsburg ’13 Memorial Scholarship that the Ivy League school would use existing funding to pay for it rather than creating a separate new endowment.
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