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Trustees: Bare necessities
Christopher Kerr-Smiley sets out the powers and duties of bare trustees ‘The duty to preserve trust property may require bare trustees to continue legal proceedings that are ongoing at the time they become trustees, as demonstrated by CGU Insurance Ltd v One.Tel Ltd (in liquidation) [2010].’All trusts can be categorised as either special or simple. …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- CGU Insurance Ltd v One.Tel Ltd (in liquidation) [2010] HCA 26
- Herdegen & anor v Federal Commissioner of Taxation (1988) 84 ALR 271
- Saunders v Vautier [1841] EWHC Ch J82
- X v A & ors [2000] WTLR 11