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Trusts: Striking an artful balance
Timothy Sherwin explores the unanimity principle, and the position of trustees managing art and cultural property ‘Strangers need only examine the trust instrument and satisfy themselves that the relevant power can be validly exercised by only some of the trustees, and they can then assume that the actual exercise by some of the trustees is …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- ACLBDD Holdings Ltd & ors v Staechelin & ors [2018] EWHC 44 (Ch)
- Land and Agricultural Bank of South Africa v Parker [2004] ZASCA 56
- Mahoney v East Holyford Mining Co (1875) LR 7 HL 869
- Royal British Bank v Turquand (1856) 6 E&B 327
- Sovereign Trustees Ltd & anor v Glover & ors [2007] EWHC 1750 (Ch)
- Staechelin & ors v ACLBDD Holdings Ltd & ors [2019] EWCA Civ 817
- Van der Merwe NO & ors v Hydraberg Hydraulics CC & ors [2010] ZAWCHC 129
- Zhang Hong Li & anor v DBS (Hong Kong) Ltd & ors [2018] HKCA 435