Littlewood v Morley [2015] CHP 66
Summer 2017 #168L applied pursuant to s8(1) of the Administration of Estates Act 1990 to remove M as her co-executor and co-trustee of the estate of their father. The beneficiaries of the estate were L (50 percent) and M’s two children (50 percent). The estate was modest including some personal chattels, a small bank account and a property worth circa £210,000.
M and his wife had issued a claim against the estate for £170,229, allegedly owed for nursing care provided to the deceased (the litigation).
L averred that M should be removed as trustee due to the ligation ...
IFG International Trust Co Ltd & ors v French Case no: CHP 2012–0048
September 2014 #142Mr French (F) was either a protector or member of the committee of trust protectors of each of nine trusts governed by the law of the Isle of Man. The trusts were set up with one or other of two American brothers and their families as beneficiaries in various combinations. Trusts set up in 1992 contained a clause (clause 8.7) ‘the trustee may grant an indemnity out of the trust fund to any committee member or to such delegatee upon such terms as the trustee may think fit.’ while those set up in 1994/1995 provided in sch 4, para (8) (b) that:
‘E...