Roadchef (Employee Benefits Trustees) Ltd v Hill & Ors [2014] EWHC 3109 (Ch) (01 October 2014)
The phrase 'employees from time to time' in the EBT1 trust deed refers only to current employees at the time of distribution, not to former employees or their estates. The natural meaning of the words and the purpose of the trust support this construction.
- Citation
- [2014] EWHC 3109 (Ch)
- Parties
- Claimant: Roadchef (Employee Benefits Trustees) Limited; Defendants: Timothy Ingram Hill and ors
- Jurisdiction
- England and Wales
- Judgment Date
- 01 October 2014
- Procedural Posture
- Chancery Division Civil Claim / Application for Court's Agreement on Class of Trust Beneficiaries Post Judgment
- Outcome
- Declaration sought by trustees refused
- Legal Topics
- Interpretation of Trust Deeds, Employee Benefit Trusts, Beneficiary Class Definition
Case Brief
Summary, issues, holding and outcome
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Parties
Roadchef (Employee Benefits Trustees) Limited
Claimant
Timothy Ingram Hill and ors
Defendants
Procedural Posture
Chancery Division Civil Claim / Application for Court's Agreement on Class of Trust Beneficiaries Post Judgment
Legal Issues
- 1 Whether 'Beneficiaries' in the EBT1 trust deed includes all past and present employees or only current employees at the time of distribution
Ratio Decidendi
The phrase 'employees from time to time' in the EBT1 trust deed refers only to current employees at the time of distribution, not to former employees or their estates. The natural meaning of the words and the purpose of the trust support this construction.
Court Disposition
Declaration sought by trustees refused
Orders
- Court refuses to declare that 'Beneficiaries' includes all past and present employees or their estates; only current employees at the time of distribution are beneficiaries.
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