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Trustees: Hastings-Bass overturned?
Marilyn McKeever looks at the implications for trustees and their advisers in the pivotal case Futter v Futter ‘The purpose of the rule in Hastings-Bass was to protect the beneficiaries, not the trustees. The effect of the new rule in Futter is to reduce that protection significantly.’ In Futter & anor v Futter & ors …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- A v Rothschild Trust Cayman Limited [2006] WTLR 1129
- Breadner v Granville-Grossman [2000] EWHC Ch 224; [2000] WTLR 829
- Mettoy Pension Trustees Ltd v Evans [1990] 1 WLR 1587
- Pitt & anr v Holt & anr [2011] EWCA Civ 197; [2011] WTLR 623 CA
- Re Hastings-Bass [1974] EWCA Civ 13
- Re Howe Family Number 1 Trust; Leumi Overseas Trust Corporation v Howe & ors WTLR [2009] 419
- Re Seaton Trustees [2010] WTLR 105
- Sieff v Fox, Re Bedford Estates [2005] WTLR 891