In the Matter of G Trust - Rectification Summons Ruling [2024] CIFsd 13 (01 February 2024)

In the Matter of G Trust - Rectification Summons Ruling [2024] CIFsd 13 (01 February 2024)

The court held that rectification was appropriate as the evidence demonstrated a clear mistake and the true intention of the settlor was established.

Citation
[2024] CIFsd 13
Parties
Subject Trust: G Trust
Jurisdiction
Cayman Islands
Judgment Date
01 February 2024
Procedural Posture
Rectification Summons / Ruling
Outcome
Rectification granted
Legal Topics
Rectification of Trust Instrument

Case Brief

Summary, issues, holding and outcome

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Parties

G Trust

Subject Trust

Procedural Posture

Rectification Summons / Ruling

  1. 1 Whether the trust instrument should be rectified to reflect the true intention of the settlor

Ratio Decidendi

The court held that rectification was appropriate as the evidence demonstrated a clear mistake and the true intention of the settlor was established.

Court Disposition

Rectification granted

Orders

  • The trust instrument is rectified to reflect the settlor's true intention.