Judgment
In the matter of the X Trust and the Y Trust
FSD 0057 OF 2022 (IKJ) · 2022-Nov-29
Trusts - administration of trusts having regard to the possibility of third-party proprietary claims against trust assets- implications of proceeding without notice to potential claimant - payment of trustee's fees and expenses - potential conflict of interest - liquidation of trust assets - rationality of proposed transaction - rationality of declining to further consider late modification to original proposal suggested by beneficiaries - section 48 Trusts Act (2021 Revision)
Full metadata
| Cause Number | FSD 0057 OF 2022 (IKJ) |
|---|---|
| Court | Grand Court |
| Judgment Date | 2022-Nov-29 |
| Subject | Trusts - administration of trusts having regard to the possibility of third-party proprietary claims against trust assets- implications of proceeding without notice to potential claimant - payment of trustee's fees and expenses - potential conflict of interest - liquidation of trust assets - rationality of proposed transaction - rationality of declining to further consider late modification to original proposal suggested by beneficiaries - section 48 Trusts Act (2021 Revision) |
| Category | Financial Services Division |
| Filename (current) | 5D9OY5K90ITY1G97EF2IBD0AB7686466114126FA8D8D3F874AAE.pdf |