Continue reading "Trust Protectors: Obligation to indemnify?"
Trust Protectors: Obligation to indemnify?
Manx case IFG International v French clarifies the extent to which trust protectors can be indemnified out of trust assets. Seth Caine explains ‘Counsel for the trustees had argued that any indemnity to which Mr French was entitled as a former protector was limited, and related only to any costs and liabilities incurred by Mr …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Bogg v Raper [1998] EWCA Civ 661
- Ex parte Chippendale (1854) 4 De GM & G 19
- IFG International & ors v French [2013] WTLR 251
- Rawcliffe v Steele [1993-95] MLR 426
- Re Papadimitriou 2001–03 MLR 287, [2004] WTLR 1141
- Spread Trustee Co Ltd v Hutcheson [2011] UKPC 13; [2012] WTLR 317
- Wight v Olswang (No 2) [2000] WTLR 783