Wills & Trusts Law Reports | Autumn 2022 #188The claimants were the Dubai-resident settlors and beneficiaries of two Cyprus-law trusts and two trust-owned companies incorporated in Panama and the British Virgin Islands. The trustee of both trusts was a Cypriot company, controlled by directors also resident in Cyprus. The defendant gave investment advice to the trustee. On the defendant’s advice, substantial trust funds were invested in two Cypriot telecommunications companies carrying on business in Greece in which the defendant was alleged to have some involvement.
From at least 2016 the defendant was resident in England. I...
Richard Swan looks at the implications of a recent Supreme Court judgment ‘In modern litigation it is increasingly common for jurisdictional challenges and their associated arguments, tests and preliminary issues to turn into mini trials.’ The Supreme Court has criticised litigants for the way in which jurisdictional challenges are being conducted. Handing down judgment in …
Continue reading "Jurisdiction: Sizeable submissions"
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