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The UK Supreme Court rules on the ability to set aside transactions in the case of trustees' errors
- Herbert Smith Freehills LLP
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- United Kingdom
- -
- May 15 2013
Where trustees have undertaken transactions with unintended consequences (usually unwanted or unexpected tax consequences), they have been able to
Jersey Royal Court considers measure of damages for dilapidations claims
- Ogier
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- Jersey
- -
- May 14 2013
In the absence of any statutory provision in Jersey addressing how dilapidations claims are to be quantified, the Royal Court's decision in JSSL v
When the general powers granted to a trustee conflict with a specific trust provision
- Bryan Cave LLP
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- USA
- -
- May 10 2013
Almost invariably, settlors give their trustees broad powers regarding trust property. Often these broad powers include the power to convey and
Deciding competing interests where trust assets are lacking
- Ogier
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- Jersey
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- May 9 2013
A recent case before the Royal Court concerned an application by a trustee seeking approval for entering into an agreement intended to settle various claims made against the trust by creditors, the net effect of which would be to exhaust the assets of the trust
Errors by trusteessetting aside transactions
- Herbert Smith Freehills LLP
- -
- United Kingdom
- -
- May 9 2013
Where trustees have made errors, in some circumstances, they have been able to make use of the "Hastings Bass rule" to make an application to the
Derivatives, double derivatives and unfair prejudice
- Harney Westwood & Riegels
- -
- British Virgin Islands
- -
- May 7 2013
The BVI courts have recently handed down two decisions regarding the Business Companies Act
Chng Bee Kheng & Anor (executrixes and trustees of the estate of Fock Poh Kum, deceased) v Chng Eng Chye 2013 SGHC 48 (Singpaore, High Court, 26 February 2013)
- Wong Partnership
- -
- Singapore
- -
- May 7 2013
This case involved a dispute over the beneficial ownership of a residential property off Stevens Road (the "Property"). The Property was registered
Federal courts can enjoin state court litigation of arbitrable claims
- Leonard, Street and Deinard
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- USA
- -
- May 3 2013
In a new case that reminds federal judges everywhere to sing "I've got the power!" like C&C Music Factory, the Fifth Circuit reiterates that federal
Illinois Supreme Court punts question of whether doctrine of election extends to challenges to trust amendments
- Bryan Cave LLP
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- USA
- -
- May 2 2013
In Estate of Boyar, the Supreme Court of Illinois had an opportunity to address an important question of Illinois trust law: whether the "doctrine of
Employees on sick leave entitled to carry over annual leave
- Ogier
- -
- Jersey
- -
- May 2 2013
A test case recently brought before the Employment Tribunal aimed to clarify the law on annual leave entitlement for employees on long-term sick leave
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