APAC Monthly Private Wealth Legal Developments – December 2020

Welcome to Herbert Smith Freehills’ 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, Singapore, … Read more

Maryam Oghanna wins coveted STEP Young Practitioner of the Year Award

Maryam Oghanna, Associate in the firm’s Disputes practice, has won the Young Practitioner of the Year Award at the 15th annual STEP Private Client Awards 2020. The STEP Private Client Awards are seen as the hallmark of quality within the private client industry, and have been described as “…the Oscars of our industry and the one … Read more

APAC Monthly Private Wealth Legal Developments – November 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

In the matter of the Arpettaz Settlement [2020] JRC 161

Should the trustee of an offshore trust involve itself in proceedings concerning the trust that take place onshore?  The received wisdom is that an offshore trustee should be slow to do so and it has long been the position of the Jersey Court that, on questions of validity of a Jersey trust, it is unlikely … Read more

APAC Monthly Private Wealth Legal Developments – October 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

APAC Monthly Private Wealth Legal Developments – September 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

APAC Monthly Private Wealth Legal Developments – August 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

LANDMARK UK SUPREME COURT RULING HOLDS THAT MEMBERS OF CHARITABLE COMPANIES HAVE FIDUCIARY DUTIES AND FALL WITHIN THE COURT’S JURISDICTION

The UK Supreme Court has held that members of charitable companies have fiduciary duties and that the court has jurisdiction to direct members of a charitable company on how to exercise their powers: Lehtimäki and others (Respondents) v Cooper (Appellant) [2020] UKSC 33. We consider the judgment and its implications for charitable companies below. Background … Read more

APAC Monthly Private Wealth Legal Developments – July 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