Private Wealth and Trust Disputes Notes
Tag: trustees
Showing 4 out of 4 results
26 November 2019
TRUSTEES TAKE COMFORT – HIGH COURT UPHOLDS BROAD SCOPE OF EXONERATION CLAUSES
Summary Trustees often seek to limit their liability in the form of exoneration clauses in trust deeds. As such, it is generally difficult for a …
29 March 2017
Court resolves dispute between parties as to who should hold the power to appoint trustees following settlor's death
The English High Court has recently approved an application to change the provision of a trust deed relating to the appointment of new trustees.[1] The …
20 March 2017
Akers v Samba: Trusts over foreign assets
The UK Supreme Court has held that the extinction of a company's beneficial interest under a trust on the transfer of an asset by the trustee to a bona …
09 May 2016
Jersey court exercises its power to set aside the actions of a settlor and ratify those of a purported trustee
In the recent decision of the Royal Court of Jersey In the Matter of the Z Trust [2016] JRC 048, the Royal Court declared voidable and set aside the …