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Trusts: Consequences of non-compliance
Paul Marshall discusses a case which explores relief from liability for breach of trust under the Trustee Act 1925 ‘Where a vendor’s solicitor has not complied with the requirements of the AML Regulations it will be difficult to escape strict liability for the consequences of breach of trust where their client is a fraudster, however …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- AIB Group (UK) plc v Mark Redler & Co Solicitors [2014] UKSC 58; [2015] WTLR 187 SC
- Cheshire Mortgage Corporation Ltd & anor v Grandison [2012] CSIH 66
- Excel Securities plc v Masood [2009] EWHC 3912 (QB)
- Frank Houlgate Investment Co Ltd v Biggart Bailli [2009] CSOH 165
- Gran Gelato Ltd v Richcliff (Group) Ltd [1992] Ch 560
- Lloyds TSB plc v Markandan & Uddin [2012] EWCA Civ 65
- Margetson & Jones [1897] 2 Ch 314
- Purrunsing v A'Court & Co [2016] EWHC 789 (Ch); [2016] WTLR 1027
- Santander UK v RA Legal Solicitors [2014] EWCA Civ 183; [2014] WTLR 813
- Target Holdings Ltd v Redferns [1995] UKHL 10
- Yonge v Toynbee [1910] 1 KB 215