William Francis Seymour v Ragley Trust Company Limited & Anor
This was a hostile beneficiaries' dispute in which the claimant's allegations of trustee misconduct were dismissed. The general rule applies: the unsuccessful claimant must pay the successful defendants' costs on the standard basis, with no sufficient reason to depart from this rule based on conduct or partial success. Trustees are entitled to indemnity from trust assets for any unrecovered costs.
Source excerpt
- Costs orders
- Trustee indemnity
- Removal of trustees
- Beneficiaries' disputes