Representation of IQEQ (Jersey) Limited re Amazon Trust (Royal Court : Costs (Civil) : Birt : Trust) [2026] JRC 072 (12 March 2026)

Representation of IQEQ (Jersey) Limited re Amazon Trust (Royal Court : Costs (Civil) : Birt : Trust) [2026] JRC 072 (12 March 2026)

The Trustee acted reasonably in both the Fee Dispute and Blessing Application, followed standard practice, and was not deprived of its indemnity. The Beneficiaries' opposition did not render the Trustee's conduct unreasonable. Both the Trustee and participating Beneficiaries are entitled to reimbursement of their costs from the trust assets.

Citation
[2026] JRC 072
Parties
Representor: IQEQ (Jersey) Limited; First Respondent: L; Second Respondent: M; Third Respondent: N
Jurisdiction
Jersey
Judgment Date
12 March 2026
Procedural Posture
Representation (trusts) / Costs Determination Following Approval of Settlement
Outcome
Trustee's costs and expenses of the Fee Dispute and Blessing Application to be paid from the assets of the Trust on the trustee basis. First and Second Respondents entitled to their costs in connection with the Blessing Application out of the Trust on the indemnity basis.
Legal Topics
Trustee Indemnity, Costs Orders, Blessing Applications, Fee Disputes

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Parties

IQEQ (Jersey) Limited

Representor

L

First Respondent

M

Second Respondent

N

Third Respondent

Procedural Posture

Representation (trusts) / Costs Determination Following Approval of Settlement

  1. 1 Whether the trustee should be indemnified for legal costs incurred in the Fee Dispute and Blessing Application
  2. 2 Whether beneficiaries are entitled to costs from the trust

Ratio Decidendi

The Trustee acted reasonably in both the Fee Dispute and Blessing Application, followed standard practice, and was not deprived of its indemnity. The Beneficiaries' opposition did not render the Trustee's conduct unreasonable. Both the Trustee and participating Beneficiaries are entitled to reimbursement of their costs from the trust assets.

Court Disposition

Trustee's costs and expenses of the Fee Dispute and Blessing Application to be paid from the assets of the Trust on the trustee basis. First and Second Respondents entitled to their costs in connection with the Blessing Application out of the Trust on the indemnity basis.

Orders

  • Trustee's costs and expenses of and incidental to the Fee Dispute and Blessing Application to be paid from the assets of the Trust on the trustee basis.
  • First and Second Respondents entitled to their costs in connection with the Blessing Application, such costs to be paid out of the Trust on the indemnity basis.