In the matter of a Settlement made by deed dated 27 December 2017 (the Trust) [2021] CIFsd 41 (27 July 2021)

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

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Parties

Applicant (not named)

Applicant

Respondent (not named)

Respondent

Procedural Posture

Trust Application / Judgment

  1. 1 Whether the court should approve a proposed variation of the trust under the relevant statutory provisions
  2. 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.