26 Jul 1985
JOSEPH HAYIM HAYIM AND ANOTHER v. CITIBANK N.A. AND ANOTHER
- Citation
- JOSEPH HAYIM HAYIM AND ANOTHER v. CITIBANK N.A. AND ANOTHER
- Court
- Court of Appeal
- Case number
- CACV34/1985
There was no actionable breach of trust by H.K.B.T. because, on the facts, H.K.B.T.'s postponement of sale was done with the acquiescence of all relevant parties including Citibank (the first trustee/residuary beneficiary) and it was reasonable for H.K.B.T. to rely on Citibank's direction; accordingly the appeal is allowed and the Deputy Judge's orders are set aside.