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Offshore: The Manx court takes a stand
Paul Lewis and Stephen Alexander discuss protecting the office of protector When deciding whether to exercise a power to appoint a protector, trustees must take into account all relevant considerations and exclude from their reckoning all irrelevant considerations, even when a trust instrument ostensibly gives them carte blanche. Trust settlements may confer powers exercisable by …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Mazzoleni v Summerhill Trust Company (Isle of Man) Ltd 2021/03 2DS; [2021] WTLR 1409 HC (IoM)
- Re Bird Charitable Trust [2008] JRC 13; [2008] WTLR 1505 RC (Jersey)
- Re Jasmine Trustees Ltd [2015] JRC 196