Re Barclays Private Bank & Trust CHP 2014/56
October 2015 # 153The claimant was the sole trustee of a unit trust. The trust had been terminated in 1988 and the assets released and distributed to approximately 100 unit trust holders with a final distribution having been made on the footing that four particular investments were unrealisable. Since then, sums had been received from those four investments, some of which had been distributed to unit holders and some of which (the residual amount) was payable to 71 unit holders (the residual holders) who despite significant efforts, including multiple letters (and telephone call were a telephone number wa...