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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 …
Private Groups attracting ATO attention
The ATO has once again shown Private Groups that it is committed to greater transparency – however only this time, it is the ATO that is being …
Court of Appeal considers dispute over mother's mental capacity
The Court of Appeal of Hong Kong has recently upheld a decision appointing a son to be the Committee to take care of his incapacitated mother's …
Court orders solicitor to complete estate administration or face jail
The County Court at Cardiff has recently ordered a solicitor to comply with the Legal Ombudsman's direction to complete the administration of an …
Family dispute over the setting-up of a trust rejected because plaintiff consented to the trust at the time of establishment
In a recent case, the Singapore High Court has held that a plaintiff's agreement to the setting-up of a trust to protect a family's wealth (including the …
Jersey Court gives directions to trust company under the Foundations (Jersey) Law 2009
The Royal Court of Jersey has recently heard the second application under the Foundations (Jersey) Law 2009 (the “Foundations Law”). The Application was …
Solicitor fined by SRA for drawing deceased client's funds
A former partner of a Leeds law firm agreed a fine with the English Solicitors Regulation Authority (the "SRA") after he used expired Powers of Attorney …
Court finds father cannot alter his will to stop son inheriting the family farm
The English High Court has recently found that a father could not change his Will so as to prevent his son receiving sole ownership of a family farm. [1] …
Hong Kong Court rejects case that shares were held on trust, finding that evidence adduced was inconsistent
The Hong Kong High Court has recently held that Eric Hotung had not imposed a trust in his favour when he gave HK$2,000,000 to Ho Yuen Ki in 1961 for the …
Leading Herbert Smith Freehills lawyers to speak at major trusts conference in London
Members of Herbert Smith Freehills' Contentious Trusts team (Tom Leech QC, Richard Norridge and Gareth Keillor) will be speaking at a conference on …
Singapore and United States affirm efforts to strengthen sharing of tax information
A joint statement issued by the United States and Singapore suggests that US authorities are seeking to accelerate off-shore tax enforcement aimed at US …
High Court of Justice in the Isle of Man finds the Isle of Man is not bound by English Supreme Court decisions in the area of trustee mistake
The High Court of Justice of the Isle of Man has indicated that the English Supreme Court decision in Pitt v Holt1 should not be followed in the Isle of …
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