Investec & anr v Glenalla & ors [2017] WTLR 205
March 2017 #167The plaintiffs were the former trustees of the Tchenguiz Discretionary Trust (the ‘trust’), which had been established in Jersey by Declaration of Trust dated 26 March 2007 for the benefit of a class of beneficiaries comprising Robert Tchenguiz and his children a remoter issue. The Trust was funded initially by an appointment from the Tchenguiz Family Trust which had previously been established in the British Virgin Islands. Subsequently, the trustee of this trust entered into a loan agreement for borrowing of monies from Kaupthing Bank (the ‘bank’) and then made an appointment of assets...
Re JS (Disposal of Body) [2016] EWHC 2859 (Fam)
March 2017 #167JS, a 14-year-old, terminally ill girl wanted to pursue cryonic preservation: the speculative and controversial scientific theory of freezing a dead body in the hope that resuscitation and a cure may be possible in the distant future. JS’s parents disagreed about what should happen.
JS’s parents were divorced. For most of JS’s life she had lived with her mother (M) and had no face-to-face contact with her father (F), who was also suffering from cancer, since 2008. M and F had a very bad relationship. M supported JS’s wishes.
At the start of proceedin...
Magiera v Magiera [2016] EWCA Civ 1292
March 2017 #167The parties were previously married. In 1990, they acquired a house in London in their joint names. In April/May 2014, the wife issued an application under the Trusts of Land and Appointment of Trustees Act 1996 (‘TLATA 1996‘) seeking an order for sale of the house, together with an order that the net proceeds be distributed between herself and her husband in equal shares. The husband contested the jurisdiction of the English court to entertain the wife’s proceedings and applied for them to be dismissed or stayed. The wife argued that England and Wales had jurisdiction ...
Edkins v Hopkins & ors [2016] EWHC 2542 (Ch)
January/February 2017 #166The claimant was a friend and business colleague of Philip Hopkins, and the executor and main beneficiary under Mr Hopkins’ will dated 6 June 2014. The will draftsman, a partner in a law firm, attended Mr Hopkins at his home with two members of the firm’s staff who witnessed his signature. During the execution of the will, she noticed that Mr Hopkins was unwell and later that day he was readmitted into hospital. He died ten days later on 19 August 2014, having been diagnosed with unspecified alcoholic liver damage.
The claimant brought a claim to prove the validity of the 2014 wil...
Hatton v HMRC [2010] UKUT 195 (LC)
January/February 2017 #166The appellant appealed against a determination by HMRC under s221 of the Inheritance Tax Act 1984 that the value of a freehold interest held by the deceased in a property was £475,000 on the date of death. The appellant (the executor of the deceased’s will) contended that the value was £400,000. The appellant relied on the principal of an estate agents and valuer who based his valuation on his local knowledge of property in the area, his 25 years’ experience and two comparables. HMRC relied upon the evidence of a senior valuer attached to the Valuation Office Agency who based...
Jump & anr v Lister & anr [2016] EWHC 2160 (Ch)
January/February 2017 #166John Raymond Winson and Mable Winson (Mr & Mrs Winson) made ‘mirror image’ wills with the first defendant, a solicitor employed by the second defendant, on 17 August 2010 by which, in simple terms (and subject to two minor specific legacies by Mrs Winson), they left their estate to each other but, if that gift failed, left pecuniary legacies to the same named individuals and charities with the net residue passing to the claimants in equal shares. In each will there was a survivorship clause in the following terms:
‘My estate is to be divided as if any person ...
Khouj v Acropolis Capital Partners Limited & anr [2016] EWHC 2120 (Comm)
January/February 2017 #166The claimant was the administrator of the estate of Mr Mansouri who died in 2010. He sought declarations that the two defendant companies, ACP and ACM, were the agents and fiduciaries of the deceased and that they were therefore under a duty to provide him with records in relation to transactions or other business conducted on behalf of the deceased. The deceased had been a wealthy man during his lifetime and the claimant sought to understand what had happened to his wealth.
Held: 1) The relationship between principal and agent can only be established by the consent of the principal...Lloyds Trust Company v Fragoso & ors [2013] JRC 211
January/February 2017 #166The representor was the trustee (T) of a Jersey law governed discretionary trust (R) established in 1999 and valued at £402,000. The first respondent was the settlor (S). The class of beneficiaries included S’s wife and three children.
When R was established, S described himself as a civil engineer and informed T that the funds settled were proceeds of engineering consultancy contracts which he had worked on over the last 20 years. He did not disclose that he held public office in Mozambique.
In 2010, T discovered that a company had been convicted in England of paying bribe...
Richards v Worcestershire County Council & anr [2016] EWHC 1954 (Ch)
January/February 2017 #166The claimant sustained head injuries in a traffic accident in 1984. By 2004, he had been detained under the Mental Health Act 1983 (the 1983 Act), and while in hospital, his responsible medical officer under s34 of the 1983 Act completed a supervision application under s25A in respect of him. This explained that after-care under supervision was necessary for the claimant. It provided for the claimant’s attendance at an outpatient clinic, and cooperation with a care plan, but did not include the details of after-care services.
The claimant was discharged from hospital on 21 O...
Sidney and North v British Columbia 2016 BCSC 589
January/February 2017 #166The petitioner, a non-profit society, became the trustee (T) of a charitable purpose trust of land and premises. T sought construction and amendment of the trust deed.
The trust deed provided, inter alia, that a certain portion of the land in the trust known as the Cenotaph Area be held in trust as a site solely for the purposes of a memorial cairn for Canadian soldiers killed in World War I. If any part of the lands in the trust were expropriated, the trustee was to use any expropriation proceeds to purchase other land and hold the balance of the proceeds in trust for the mainten...