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The Court’s power to add powers to the terms of express trusts

August 2010 Updated on 12 June 2012 Nigel K. Meeson QC

This article summarizes two recent decisions of the Grand Court of the Cayman Islands which considered the jurisdiction conferred by section 63 of the Trusts Law (the equivalent of section 57 of the Trustee Act 1925) to allow the court to authorize trustees to engage in certain administrative acts which are not otherwise permitted by the trust instrument or bylaw, where it is expedient to so. It compares the approach of the English High Court in another recent decision.

 

To continue reading full articles in PDF format:
The Court’s power to add powers to the terms of express trusts

 


Nigel K. Meeson QC
Partner

Hong Kong   +852 2842 9553

Mobile   +852 6469 3359


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Articles

The Court’s power to add powers to the terms of express trusts

04 August 2010 Updated on 12 June 2012 Nigel K. Meeson QC

This article summarizes two recent decisions of the Grand Court of the Cayman Islands which considered the jurisdiction conferred by section 63 of the Trusts Law (the equivalent of section 57 of the Trustee Act 1925) to allow the court to authorize trustees to engage in certain administrative acts which are not otherwise permitted by the trust instrument or bylaw, where it is expedient to so. It compares the approach of the English High Court in another recent decision.

 

To continue reading full articles in PDF format:
The Court’s power to add powers to the terms of express trusts

 


Nigel K. Meeson QC
Partner

Hong Kong   +852 2842 9553

Mobile   +852 6469 3359