The Chief Minister’s Department has recently issued a consultation paper on proposed changes to the Trusts (Jersey) Law 1984 (“Trusts Law“).  The consultation paper covers a number of areas where amendments to the Trusts Law might be considered. These include such areas as the need for a beneficiary at all times during the existence of […]

The decision in Barclays v Equity related to: the nature of unit trusts; the legal status of managers and trustees of unit trusts; and the basis of claims against them by a successor trustee and successor manager. Read the judgement = http://bit.ly/1r3R78h Facts The new trustee and manager issued an order of justice against the former trustee and […]