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Commercial Trusts: Pragmatism prevails
Giles Richardson looks at the current approach of the English courts to trusts arising in commercial contexts ‘The practical effect of a Re Benjamin order in commercial trust contexts will often be practically to extinguish all claims that tardy beneficiaries have.’ This article considers the High Court decisions in Re MF Global [2013] and Re …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- MEP v Rothschild Trust Cayman Ltd [2011] WTLR 735
- Re Benjamin [1902] 1 Ch 723
- Re Downshire Settled Estates [1953] Ch 218
- Re English & American Insurance Company Ltd [2014] WTLR 57
- Re Freestons Charity [1978] 1 WLR 741
- Re Lehman Brothers International (Europe) Ltd [2010] EWHC 2914 (Ch); WTLR (w) 2010-12
- Re MF Global UK Ltd [2013] EWHC 1655 (Ch); [2013] WTLR 1239 ChD
- Southgate v Sutton [2011] EWCA 637; [2011] WTLR 1235