Re H Trust v P and Others [2019] SC (Bda) 27 Com

WTLR Issue: Spring 2020

RE H TRUST; BUTTERFIELD TRUST (BERMUDA) LTD

V

P AND OTHERS

Analysis

Held:

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.

Cases referenced

Cases in bold have further reading - click to view.

  • Bermuda SC.
  • (

  • GH v KL [2010] SC Bda LR 86
  • Hambro v Duke of Marlborough [1994] Ch 158
  • I of M HC. Von Knieriem v Bermuda Trust Co Ltd [1994] Bda LR 50, Bermuda SC.
  • Raikes v Lygon [1988] 1 All ER 884
  • Rawcliffe v Steele [1993-95] MLR 426
  • 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

Legislation in bold has further reading - click to view.

  • s47
  • Trustee Act 1975 (Bermuda)
  • Trustee Act 1975 (Bermuda), s47