Le Marchant & Anor v Denby & Ors [2007] EWHC 65 (Ch) (31 January 2007)
The 1976 Deed did not remove or extinguish the trustees' power of revocation in relation to Sub-Fund A. The 1974 appointment remained revocable, and the 1992 Deed of Revocation and New Appointment was valid. Mr Denby did not become absolutely entitled to Sub-Fund A upon attaining age 60.
- Citation
- [2007] EWHC 65 (Ch)
- Parties
- Claimant: Piers Alfred Le Marchant; Claimant: Richard Charles Kirby; First Defendant: Alan Timothy Denby; Defendant: Georgia Denby; Defendant: Lucinda Denby; Defendant: Tina Denby; Defendant: Maxine Denby; Defendant: Sebastian Denby (a minor by his litigation friend Stephen Giles Cooke)
- Jurisdiction
- England and Wales
- Judgment Date
- 31 January 2007
- Procedural Posture
- Part 8 Claim / Judgment After Final Hearing
- Outcome
- Claim dismissed; order for substitution of trustee to be made.
- Legal Topics
- Revocation of Trust Appointments, Construction of Trust Deeds, Powers of Trustees
Case Brief
Summary, issues, holding and outcome
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Parties
Piers Alfred Le Marchant
Claimant
Richard Charles Kirby
Claimant
Alan Timothy Denby
First Defendant
Georgia Denby
Defendant
Lucinda Denby
Defendant
Tina Denby
Defendant
Maxine Denby
Defendant
Sebastian Denby (a minor by his litigation friend Stephen Giles Cooke)
Defendant
Procedural Posture
Part 8 Claim / Judgment After Final Hearing
Legal Issues
- 1 Whether the 1974 appointment of Sub-Fund A to Mr Denby was irrevocable or remained subject to revocation
- 2 Effect of the 1976 Deed on the power of revocation in relation to Sub-Fund A
- 3 Validity of the 1992 Deed of Revocation and New Appointment
Ratio Decidendi
The 1976 Deed did not remove or extinguish the trustees' power of revocation in relation to Sub-Fund A. The 1974 appointment remained revocable, and the 1992 Deed of Revocation and New Appointment was valid. Mr Denby did not become absolutely entitled to Sub-Fund A upon attaining age 60.
Court Disposition
Claim dismissed; order for substitution of trustee to be made.
Orders
- St Andrew Trustees Limited to be substituted as trustee in place of Mr le Marchant.
- Court to hear parties further as to the form of order and costs.
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