Equity: Curing defects in the exercise of trust powers

Oliver Hilton sets out the lessons from recent case HR Trustees v Wembley Plc ‘The problem for Wembley was clearly that not all of the trustees had signed the Scheme Amendment Authority, and so it was not under their hands as required by the second sentence of clause 16.’ It is not uncommon for draftsman …
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Cases Referenced

  • BESTrustees v Stuart [2001] EWHC 549 (Ch)
  • HR Trustees v Wembley plc [2011] EWHC 2974 (Ch)