U.S. Trust Corp. is working to bring an end to the year-long battle over its controversial handling of the estate of tobacco billionaire Doris Duke.

A settlement petition, which U.S. Trust filed yesterday in New York Surrogate Court, contains a number of provisions - including the resignation of co-executor Bernard Lafferty, Ms. Duke's former butler.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.