Private Wealth and Trust Disputes Notes
Tag: fiduciary duties
Showing 6 out of 6 results
Cayman courts emphasise the importance of Beddoe relief and its availability in situations where a third party claim is for an amount greater than the Trust assets.
In the case of X (as Trustee of the A Trust) v Y (beneficiary of the A Trust)[1], the court reiterated the importance for Trustees of seeking Beddoe …
Widow removed as administratrix after persistent breaches in administering the estate
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Deceased's "husband" and daughter both unable to obtain letters of administration
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BVI Court of Appeal Comment on Trustees' Duty to Account and Evidential Presumptions in Trusts
The BVI Court of Appeal has recently allowed an appeal concerning a trustee's failure to account and breach of trust.[1] The breach of trust arose as a …
Hong Kong court rules on estate administrator's breach of fiduciary duties
In Tang Ying Loi v. Tang Ying Ip alias Tang Ying Yip and others (HCA 2487/2009), the Court of First Instance held that the defendants, who were appointed …
English Court of Appeal confirms account of profits available as remedy for dishonest assistance
Some, if not quite born trustees, are appointed as such at the outset of a trust. Some achieve trusteeship at some later stage. And some have some …