Roadchef (Employee Benefits Trustees) Ltd v Hill & ors [2014] EWHC 3109 (Ch)
Wills & Trusts Law Reports | March 2015 #147The claimant was an Employee Benefit Trust (EBT) created by a company as part of a scheme to encourage employee share ownership. The mechanics of the scheme were that the EBT borrowed funds from a bank which it used to purchase shares in the company, with the loan being secured by a charge on the shares and guaranteed by the company. A separate share participation scheme (SPS), financed through funds provided by the company, purchased shares from the EBT which it then transferred to beneficiaries of the scheme (being employees of the company) in accordance with directions provided by the...
Rondel v Robinson Estate & ors [2011] ONCA 493 (CanLII)
Wills & Trusts Law Reports | July/August 2012 #121Blanca Robinson, the testator (T), owned property in Spain, England and Canada. She executed a will in 2002 intended to deal only with her European property (the 2002 Spanish will). By this she granted a life interest in her London flat to Dr Richard Rondel, the Appellant (A), with whom she had a long relationship and made it clear she had made another will dealing with her property outside Europe. In 2005, T sent her lawyer drafting instructions regarding a Canadian will (the 2005 Canadian will). The instructions related to the ‘entire residue of [her] estate’. Her lawyer, M...