Trustee Act 1925, s30 – Law Journals

Price v Saundry & anr [2020] WTLR 233

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JUDGEMENT Lady Justice Asplin: [1] This appeal is concerned with the circumstances in which a trustee is entitled to be indemnified from the trust fund in respect of costs incurred by her and awarded against her in litigation. [2] The issue arises in the context of a claim which was commenced by the Appellant, Mrs …

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Appleby Corporate Services v Citco Trustees 17 ITELR 413

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BANNISTER J: [1] In these proceedings, the current trustee of a British Virgin Islands (BVI) discretionary trust asks for an order requiring the former trustee (in effect) to reconstitute the trust fund by compensating the trust for losses which it claims were suffered by the trust as a result of the negligence of the former …

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Spread Trustee Company Ltd v Hutcheson & ors [2011] UKPC 13

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Shoosmiths LLP and New Square Chambers |

JUDGMENT LORD CLARKE: Introduction [1] This is the judgment of the board with which Lord Mance and Sir Robin Auld have agreed but to which they have added concurring judgments, with which I agree. [2] On 22 April 1989 there came into force in Guernsey the Trusts (Guernsey) Law 1989 (the 1989 Law), which for …

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