Continue reading "Trusts: Equity prevails"
Trusts: Equity prevails
Thomas Klemme and Oliver Auld highlight a clash of trust law concerning trusts over foreign assets, which also has lessons for liquidators ‘The Supreme Court held unanimously and unequivocally that a trust can exist over assets located in a jurisdiction that does not recognise trusts.’The recent Supreme Court judgment in the case of Akers v …
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