Orb A.R.L & ors v Ruhan & ors [2022] WTLR 1049

Wills & Trusts Law Reports | Autumn 2022 #188

The case concerned various agreements (including a sale purchase agreement, a headstay agreement and an alleged oral agreement) transacted between the claimants and the defendant (among others) in connection with a business venture. It was alleged that the oral agreement obliged the defendant to redevelop, restructure, manage and/or dispose of assets within a hotel portfolio in order to maximise the financial benefit realised from such assets, and then to pay a share of the net financial benefit from such activity to the claimants. The true intention behind the oral agreement was a matte...

Rusnano Capital AG v Molard International (PTC) Ltd WTLR(w) 2019-11

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Collins v Collins [2016] EWHC 1423 (Ch)

Wills & Trusts Law Reports | September 2016 #162

Anthony Collins (settlor) had three children by his marriage to Valerie Collins, namely Rachel who was born in 1989, Michael who was born in 1991 and Charley who was born in 1998 (children). The settlor was entitled to a whole life policy with Allied Dunbar (policy) and, during the course of divorce proceedings, gave an undertaking to the court to execute a declaration of trust in favour of the children on terms to be agreed between the parties. The settlor did not comply with the undertaking because he did not seek the agreement of Valerie Collins to the terms of any trust. Instead, by ...