Re G Trust - FSD 270 of 2023 (IKJ) - Judgment (Costs) [2024] CIFSd 137 (24 December 2024)

Re G Trust - FSD 270 of 2023 (IKJ) - Judgment (Costs) [2024] CIFSd 137 (24 December 2024)

The court held that the applicant was entitled to have its costs paid out of the trust fund as the proceedings were properly brought for the administration of the trust and there was no misconduct or other reason to depart from the usual order.

Source-derived case information.

Citation
[2024] CIFSd 137
Parties
Applicant: Re G Trust
Jurisdiction
Cayman Islands
Judgment Date
24 December 2024
Procedural Posture
Trust / Costs Judgment
Outcome
Costs awarded to applicant from the trust fund.
Legal Topics
Trustee Costs, Beneficiary Costs, Costs Orders in Trust Litigation
Trusts Costs Trustee Costs Beneficiary Costs Costs Orders in Trust Litigation

Source-derived case record

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 2 Authorities cited 2 Party arguments 2
Sign in to unlock

Parties

Re G Trust

Applicant

Procedural Posture

Trust / Costs Judgment

Legal Issues

  1. 1 Entitlement to costs in trust proceedings
  2. 2 Principles for awarding costs in trust litigation

Ratio Decidendi

The court held that the applicant was entitled to have its costs paid out of the trust fund as the proceedings were properly brought for the administration of the trust and there was no misconduct or other reason to depart from the usual order.

Court Disposition

Costs awarded to applicant from the trust fund.

Orders

  • Applicant's costs to be paid out of the trust fund on the indemnity basis.