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 …