Important Bermuda Decision Concerning The Removal Of A Trust Protector - Corporate/Commercial Law
To print this article, all you need is to be registered or login on Mondaq.com. In the matters of FA Trust and FB Trust [2021] SC (Bda) 59 Civ (6 January 2021), the Chief Justice of Bermuda has handed down an important decision dealing with the legal test the Bermuda court will apply when considering the exercise of its inherent jurisdiction to remove a protector of a Bermuda trust. The case concerns two materially identical Bermuda trusts created by Declarations of Trust dated January 2000 ( Trusts). The Trusts share a common trustee ( Trustee) and the same individual...
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