1) On the wording of the trust deed, the protectors of the trust had to act jointly. The unilateral designation of the first successor protector was therefore invalid, as was his purported designation of P as his successor protector.
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Cases referenced
Cases in bold have further reading - click to view.
Re Downshire Settled Estates; Marquess of Downshire v Royal Bank of Scotland
[1953] Ch 218
Re Downshire Settled Estates; Marquess of Downshire v Royal Bank of Scotland
[1953] Ch 218|Re F Trust; Re A Settlement [2015] SC (Bda) 77 Civ|GH v KL [2010] SC Bda LR 86|Hambro v Duke of Marlborough [1994] Ch 158|Raikes v Lygon [1988] 1 All ER 884|Rawcliffe v Steele [1993–95] MLR 426|I of M HC. Von Knieriem v Bermuda Trust Co Ltd [1994] Bda LR 50
Re F Trust; Re A Settlement
[2015] SC (Bda) 77 Civ
Legislation referenced
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