Reference: |
|
Date: |
2009 |
Court: |
Royal Court of Jersey |
Comment: |
This is a long-running set of claims for breach of trust. The trial began in November 2008 and settled in July 2009 after 101 court days. There were two trusts, of which the beneficiaries were a Saudi Arabian family, and the principal complaint was that the trustees paid too much attention to the wishes of one member of the family, investing money in a business which has now failed. The case has given rise to various reported decisions, including one at [2007] J.L.R. 44, [2008] W.T.L.R. 753 on the ‘dog-leg’ claim against directors of a corporate trustee. |
Barrister: |
Nicholas Le Poidevin Q.C.
Lynton Tucker
James Brightwell
Tim Akkouh
|
Practice Areas: |
Trusts and Estates
Offshore work & other areas
|