Asia Disputes Notes
Tag: private wealth and trusts
Showing 24 out of 42 results
UK: Judge sentenced to six months' jail by Nottingham Crown Court for forgery of a will and fraud
A former solicitor and disability claims tribunal judge, and her husband, forged a will and letter to obtain two adjacent cottages in order to create …
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 …
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 …
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 …
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 …
What standing does a bankrupt beneficiary have to request and receive information about a trust?
In Erceg v Erceg[1] the New Zealand Court of Appeal ruled on the standing of bankrupt beneficiaries to bring claims against trustees. In …
Valuable guidance on recovering costs after the removal of an invalidly appointed trustee
In a recent decision of the Royal Court of Jersey (In the Matter of the Piedmont Trust and the Riviera Trust [2016] JRC016), the Court delivered its …
London High Court considers defence of illegality in claim for beneficial ownership
In Hniazdzilau v Vajgel [2016] EWHC 15 (Ch), the English High Court held that a claim for beneficial ownership in a company was not defeated by a defence …
English High Court considers circumstances in which a beneficiary can sue on behalf of an un-administered estate
In Haastrup v Okorie [2016] EWHC 12 the English High Court held that a beneficiary was not entitled to sue on behalf of a deceased's estate where a …
The Proposed Automatic Exchange of Financial Information by the Inland Revenue Department with other Governments
The Hong Kong Government proposes to introduce draft legislation early this year in respect of a new information collecting regime from banks, …
New safeguards needed for Hong Kong's aged dementia sufferers
As Hong Kong’s population ages and the incidence of dementia increases, the need for effective and efficient long-term care and support systems for …
The insolvent oligarch: the English High Court provides much needed guidance on quantifying liabilities in a deceased insolvent's estate
In Lockston Group Inc v Nicholas Stewart Wood [2015] EWHC 2962 (Ch), the English High Court held that foreign currency claims and claims for interest in …
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