Judgment
Schroder Cayman Bank and Trust Co Ltd v Schroder Trust AG - Judgment
FSD 0122/2014 (ASCJ) · 2015-03-09
Employee benefit trust established in the Cayman Islands - appointment of capital from the Cayman Trust to trusts established in Jersey for the individual benefit of employees and other beneficiaries - whether appointments valid. Validity of appointments from Cayman EBT into Jersey EFRBS; Excessive execution of a power of appointment; Whether EFRBS constituted a “Qualifying Settlement”; Mistake doctrine (Pitt v Holt; Hastings‑Bass principles); Firewall issues (Cayman vs Jersey governing law); Whether appointments were void or voidable.
Full metadata
| Cause Number | FSD 0122/2014 (ASCJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Smellie CJ |
| Parties | Schroder Cayman Bank and Trust Co Ltd v Schroder Trust AG - Judgment |
| Judgment Date | 2015-03-09 |
| Subject | Employee benefit trust established in the Cayman Islands - appointment of capital from the Cayman Trust to trusts established in Jersey for the individual benefit of employees and other beneficiaries - whether appointments valid. Validity of appointments from Cayman EBT into Jersey EFRBS; Excessive execution of a power of appointment; Whether EFRBS constituted a “Qualifying Settlement”; Mistake doctrine (Pitt v Holt; Hastings‑Bass principles); Firewall issues (Cayman vs Jersey governing law); Whether appointments were void or voidable. |
| Filename (current) | 15-03-09-Schroder-Cayman-Bank-and-Trust-v-Schroder-Trust-AG.pdf |
The full text of this document is available to readers on this page. It is not served to automated crawlers.