Continue reading "Offshore: Count your blessings"
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Offshore: Count your blessings
The Jersey Royal Court’s recent refusal to ‘bless’ actions by the trustee shows that court approval cannot be taken for granted. James Sheedy sets out key points to consider ‘The trustee’s application for a blessing of its decision to liquidate the structure was refused on the basis (among others) that the trustee had not adequately …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Centre Trustees (CI) Ltd v van Rooyen [2010] WTLR 17
- In re H Trust [2018] JRC 171
- In re Z II Trust 2015 (2) JLR 108
- Investec Trust (Guernsey) Ltd & anor v Glenalla Properties Ltd & ors [2018] UKPC 7; [2019] WTLR 95 PC
- Public Trustee v Cooper [2001] WTLR 901 ChD