Tag Archives: Trustees

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 change was necessary because the original power was reserved exclusively for the settlor, who had … Continue reading

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Filed under London, Private wealth and trusts

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 fide purchaser without notice does not constitute a "disposition" under section … Continue reading

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Filed under Private wealth and trusts, Trust disputes

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 appointment of trustees based in the UK by the settlor of … Continue reading

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Filed under Offshore, Private wealth and trusts, Trust disputes, Uncategorized