APAC Monthly Private Wealth Legal Developments – March 2020

Welcome to Herbert Smith Freehills’ new monthly private wealth industry updates in Asia. Every month we survey ten Asian jurisdictions for legal developments concerning trust and estate planning which are of interest to the private wealth industry, and provide a succinct summary in a table format.  The jurisdictions covered in the update are Hong Kong, … Read more

Guernsey Court of Appeal allows a beneficiary to terminate a trust and receive the trust assets, despite there being a power to appoint further beneficiaries under the trust deed

The case of Rusnano Capital AG (in liquidation) v Molard International (PTC) Limited and Pullborough International Corp [2019] GRC 011 concerns a Guernsey trust, which was settled pursuant to a trust deed dated 25 July 2014 (the “Trust”). Under section 53(3) of the Trusts (Guernsey) Law, 2007 (the “2007 Law”), beneficiaries are able to require … Read more

PRIVATE WEALTH & CHARITIES PODCAST – EPISODE 5, PART 2

In the second part of our fifth episode of our Private Wealth & Charities podcast series Richard Norridge and Ben Pollard, Founder and CEO of charity Local Welcome continue to discuss the charity’s past, present and future. Local Welcome aims to make it fun and easy to cook and eat with refugees in various communities … Read more

PRIVATE WEALTH & CHARITIES PODCAST – EPISODE 5, PART 1

In the fifth episode of our Private Wealth & Charities podcast series Richard Norridge and Ben Pollard, Founder and CEO of charity Local Welcome discuss the charity’s past, present and future. Local Welcome aims to make it fun and easy to cook and eat with refugees in various communities across the UK. You can find … Read more

APAC Monthly Private Wealth Legal Developments – November 2019

Welcome to Herbert Smith Freehills’ new monthly private wealth industry updates in Asia. Every month we survey ten Asian jurisdictions for legal developments concerning trust and estate planning which are of interest to the private wealth industry, and provide a succinct summary in a table format.  The jurisdictions covered in the update are Hong Kong, … Read more

PRIVATE WEALTH & CHARITIES PODCAST – EPISODE 4

In the fourth episode of our Private Wealth and Charities podcast series, Richard Norridge, Michael Hunt and Jade Hu discuss the ins and outs of registering a charity in England & Wales. We focus on some common pitfalls and problems which we have seen arise in practice when applying to register a charity, and share … Read more

APAC Monthly Private Wealth Legal Developments – October 2019

Welcome to Herbert Smith Freehills’ new monthly private wealth industry updates in Asia. Every month we survey ten Asian jurisdictions for legal developments concerning trust and estate planning which are of interest to the private wealth industry, and provide a succinct summary in a table format.  The jurisdictions covered in the update are Hong Kong, … Read more

PRIVATE WEALTH & CHARITIES PODCAST – EPISODE 3, Part 2

In this second part of our third episode of our Private Wealth and Charities podcast series Richard Norridge and Mark Adair discuss music and law. Mark had a successful career as a composer before joining the firm, and shares his thoughts on what he has taken from his creative past into his legal career. The … Read more

PRIVATE WEALTH & CHARITIES PODCAST – EPISODE 3

In the third episode of our Private Wealth and Charities podcast series Richard Norridge and Mark Adair discuss music and law. Mark had a successful career as a composer before joining the firm, and shares his thoughts on what he has taken from his creative past into his legal career. The third episode of the … Read more