This case is built on top of another case. Royal Park Investments (RPI) sued Well Fargo in Royal Park Investments SA/NV v. Wells Fargo Bank, N.A., No. 1:14-cv-09764-KPF-SN (S.D.N.Y.), claiming that Wells Fargo had failed to fulfill its duties as a trustee of two of RPI’s trusts, allegedly damaging RPI and the classes’ certificate holders. The complaint claims that Wells Fargo has defended itself with wasteful, inappropriate measures, “scorched earth tactics,” and “oppressive discovery.” This was mystifying to RPI, until, the complaint claims, “in early 2017, RPI became aware that Wells Fargo may have been billing the costs of defending the Litigation” to the trusts themselves. According to the complaint, Wells Fargo is not permitted to do this under either the trusts’ governing agreements or the common law of trusts.