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Trustees: Who is liable?
The Privy Council has given welcome guidance on the rights of trustees of Jersey and Guernsey law trusts. Nick Robison reports ‘It will comfort beneficiaries (and settlors) knowing that assets settled into trust may not be attacked by a third-party creditor of the trustee, without consideration of the trustee’s role.’ On 23 April 2018, the …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Investec Trust (Guernsey) Ltd & anor v Glenalla Properties Ltd & ors [2018] UKPC 7; [2019] WTLR 95 PC
- Raiffeisen Zentralbank Österreich AG v An Feng Steel Co Ltd & ors [2001] EWCA Civ 68