Continue reading "Interest-in-possession trusts: A balancing act"
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Interest-in-possession trusts: A balancing act
Emma Cooper explores how to set up dividend policies for companies wholly owned by trustees of a life interest trust ‘Trustees who hold the entire issued share capital of a company, or who otherwise control it, are in a very different position from investors with minority holdings, as they have the power to decide the …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Aveling Barford Ltd v Perion Ltd [1989] BCLC 626
- Baker v Archer-Shee [1927] UKHL 1
- Bartlett v Barclays Bank Trust Co Ltd (Nos 1 and 2) [1980] 1 Ch 515
- Booth & ors v Booth & ors [2017] EWHC 457 (Ch)
- Burland & ors v Earle & ors [1901] UKPC 49
- Canada Trust Co v Browne [2010] ONSC 4118
- JW v Morgan Trust Company of the Bahamas Ltd (2002) 4 ITELR 541
- Mutual Life Insurance Co of New York v Rank Organisation Ltd [1985] BCLC 11
- Nestlé v National Westminster Bank plc [2000] WTLR 795
- Phillips v Manufacturers’ Securities Ltd (1917) 86 LJ CH 305
- Raby v Ridehalgh (1855) 7 De GM & G 104
- Re a Company (No 370 of 1987) ex parte Glossop [1988] 1 WLR 1068
- Re BSB Holdings Ltd (No 2) [1996] 1 BCLC 155
- Re Exchange Banking Co, Flitcroft’s Case (1882) 21 Ch D 519
- Re National Funds Assurance Co (1878) 10 Ch D 118
- Stuart v Stuart (1841) 3 Beav 430
- Wood v Odessa Waterworks Co (1889) 42 Ch D 636