Judgment
In the Matter of The X Trust and The Y Trust - Judgment (anonymized and redacted for publication)
[2025] CIGC (FSD) 66
· FSD 0057/2022 (IKJ) · 2022-11-29
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). Trusts Law; Equity; Civil Procedure; Fiduciary Duties; Judicial Supervision of Trust Administration
Full metadata
| Neutral Citation | [2025] CIGC (FSD) 66 |
|---|---|
| Cause Number | FSD 0057/2022 (IKJ) |
| Court | CIGC (FSD) |
| Judge | Kawaley J |
| Parties | In the Matter of The X Trust and The Y Trust - Judgment (anonymized and redacted for publication) |
| Judgment Date | 2022-11-29 |
| 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). Trusts Law; Equity; Civil Procedure; Fiduciary Duties; Judicial Supervision of Trust Administration |
| Filename (current) | 22-11-29-In-the-Matter-of-The-X-Trust-and-The-Y-Trust---FSD-57-OF-2022.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Trusts Act | 48 | 5 |
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