Wills & Trusts Law Reports | December 2014 #145The claimant Arthur Watts (Arthur) sued his brother James Watts (James) in respect of trust transactions in 1998.
In 1967 Geoffrey Watts, the father of Arthur and James, made a settlement in favour of his children and grandchildren. In 1976 this trust fund was split into separate trust funds for each of Geoffrey’s children. James was one of the trustees of Arthur’s trust fund. The main beneficiaries were Arthur in his lifetime and thereafter his legitimate children. Clause 4 allowed the trustees to pay all the capital to Arthur if they considered it to be to his advantage...
Anthony Woolich, Simon Burden and Jaime van der Eb consider the implications of the Bribery Act and the Proceeds of Crime Act for the ‘innocent’ company ‘A contract that has been entered into because of the payment of a bribe is not automatically void.’The Bribery Act 2010 came into force on 1 July 2011. Readers …
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