Wills & Trusts Law Reports | July/August 2015 #151By a trust deed dated 24 December 1987 (trust deed) Edoarda Crociani (settlor) settled a promissory note on herself and others for the benefit of her daughters, Cristiana Crociani (Cristiana) and Princess Camilla de Bourbon des Deux Siciles. The trust deed conferred extensive powers on the trustees in respect of both capital and income, including power to pay the whole or any part of the trust funds to another trust. Originally, it was provided that the forum for the administration of the trust and its construction should be governed by the law of the Bahamas. Clause 12(6), howe...
Andrew Waters highlights the lessons to be learned from RBS v Hicks & Gillett ‘Where an interim injunction is to be mandatory in effect, more stringent conditions are applied by the court because the risk of harm to the innocent party, should the injunction be wrongly granted, is considered to be greater than if the …
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