CI Trustees Ltd v RDK & GMB [2018] CIFsd 4 (19 January 2018)
The court found that CI Trustees Ltd fulfilled its obligations under the trust and did not breach its duties to the beneficiaries.
- Citation
- [2018] CIFsd 4
- Parties
- Applicant: CI Trustees Ltd; Respondent: RDK; Respondent: GMB
- Jurisdiction
- Cayman Islands
- Judgment Date
- 19 January 2018
- Procedural Posture
- Civil / Judgment
- Outcome
- application granted
- Legal Topics
- Trust Administration, Beneficiary Rights
Case Brief
Summary, issues, holding and outcome
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Parties
CI Trustees Ltd
Applicant
RDK
Respondent
GMB
Respondent
Procedural Posture
Civil / Judgment
Legal Issues
- 1 whether CI Trustees Ltd acted properly in administration of trust
- 2 whether beneficiaries RDK and GMB are entitled to relief
Ratio Decidendi
The court found that CI Trustees Ltd fulfilled its obligations under the trust and did not breach its duties to the beneficiaries.
Court Disposition
application granted
Orders
- CI Trustees Ltd's actions as trustee are confirmed
- No relief granted to RDK and GMB
Full Case Text
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