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Professional trustees: Managing risk
Oliver Auld examines the limitations of ‘anti-Bartlett’ clauses following Zhang Hong Li v DBS Bank ‘The purpose of an “anti-Bartlett” clause is to nullify (to the extent possible) the trustee’s duty to enquire into or interfere in the conduct of any business investment under its ownership or control.’ The decision of the Hong Kong Court …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Appleby Corporate Services (BVI) Ltd v Citco Trustees (BVI Ltd) [2016] WTLR 373
- Bartlett v Barclays Bank Trust Co Ltd (Nos 1 and 2) [1980] 1 Ch 515
- Zhang Hong Li & ors v DBS Bank (Hong Kong) Ltd & ors [2018] HKCA 435