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
Legal Issues
- 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.
Full Case Text
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