MaplesFS Ltd v B&B Protector Services & Ors [2022] CIFsd 58 (14 July 2022)
The court found that B&B Protector Services breached its fiduciary duties as protector of the trust, entitling MaplesFS Ltd to relief.
- Citation
- [2022] CIFsd 58
- Parties
- Applicant: MaplesFS Ltd; Respondent: B&B Protector Services; Respondent: Others
- Jurisdiction
- Cayman Islands
- Judgment Date
- 14 July 2022
- Procedural Posture
- Commercial / Judgment
- Outcome
- judgment for applicant
- Legal Topics
- Trusts, Fiduciary Duties
Case Brief
Summary, issues, holding and outcome
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Parties
MaplesFS Ltd
Applicant
B&B Protector Services
Respondent
Others
Respondent
Procedural Posture
Commercial / Judgment
Legal Issues
- 1 whether B&B Protector Services breached fiduciary duties as protector of trust
- 2 whether MaplesFS Ltd is entitled to relief
Ratio Decidendi
The court found that B&B Protector Services breached its fiduciary duties as protector of the trust, entitling MaplesFS Ltd to relief.
Court Disposition
judgment for applicant
Orders
- B&B Protector Services to compensate MaplesFS Ltd for losses caused by breach of fiduciary duty
Full Case Text
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