In the matter of a Settlement made by deed dated 27 December 2017 (the Trust) [2021] CIFsd 41 (27 July 2021)
The court approved the proposed variation of the trust, finding it was for the benefit of the beneficiaries and within the statutory jurisdiction.
- Citation
- [2021] CIFsd 41
- Parties
- Applicant: Applicant (not named); Respondent: Respondent (not named)
- Jurisdiction
- Cayman Islands
- Judgment Date
- 27 July 2021
- Procedural Posture
- Trust Application / Judgment
- Outcome
- application granted
- Legal Topics
- Variation of Trusts, Settlement Interpretation
Case Brief
Summary, issues, holding and outcome
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Parties
Applicant (not named)
Applicant
Respondent (not named)
Respondent
Procedural Posture
Trust Application / Judgment
Legal Issues
- 1 Whether the court should approve a proposed variation of the trust under the relevant statutory provisions
- 2 Interpretation of the settlement deed dated 27 December 2017
Ratio Decidendi
The court approved the proposed variation of the trust, finding it was for the benefit of the beneficiaries and within the statutory jurisdiction.
Court Disposition
application granted
Orders
- The proposed variation of the trust is approved.
Full Case Text
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