Continue reading "Trust validity: Oh what a tangled Webb we weave"
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Trust validity: Oh what a tangled Webb we weave
Tom McPhail reports on the Privy Council decision in Cook Islands case Webb which scrutinises the trust structure and the true reach of the settlor If the powers retained by a settlor are so extensive and of such a nature that they amount to an uncontrolled power to recover the trust property, then the settlor’s …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Clayton v Clayton [2016] WTLR 955 NZ SC
- JSC Mezhdunarodniy Promyshlenniy Bank & anr v Pugachev & ors [2017] EWHC 2426 (Ch); WTLR(w) 2018-01
- Schmidt v Rosewood Trust Ltd [2003] WTLR 565 PC
- Tasarruf Mevduati Sigorta Fonu v Merrill Lynch Bank and Trust Company Ltd [2011] WTLR 1249 PC (Cayman)
- Webb v Webb [2020] WTLR 1461 PC