Roadchef (Employee Benefits Trustees) Ltd v Hill & Ors

The term 'Beneficiaries' in the EBT1 trust deed refers only to current employees at the relevant time of distribution, not to former employees or their estates.

Parties: Claimant: Roadchef (Employee Benefits Trustees) Limited; Defendants: Timothy Ingram Hill and others
Jurisdiction: England and Wales
Judgment Date: 01 October 2014
Procedural Posture: Civil / Judgment
Outcome: Declaration sought by trustees refused
Legal Topics: Interpretation of Trust Deeds, Employee Benefit Trusts, Beneficiary Definition

Trust Law Interpretation of Trust Deeds Employee Benefit Trusts Beneficiary Definition

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Parties

Roadchef (Employee Benefits Trustees) Limited

Claimant

Timothy Ingram Hill and others

Defendants

Procedural Posture

Civil / Judgment

Legal Issues

1 Who qualifies as a 'Beneficiary' under the EBT1 trust deed for purposes of distribution of trust assets

Ratio Decidendi

The term 'Beneficiaries' in the EBT1 trust deed refers only to current employees at the relevant time of distribution, not to former employees or their estates.

Court Disposition

Declaration sought by trustees refused

Orders

The court declines to make the declaration that 'Beneficiaries' includes all persons who have ever been employees or their estates.