Stock -v- Pantrust [2016] JRC 069 (22 March 2016)
First to third respondents acted unreasonably and in conflict with trust interests, mounting jurisdictional challenge and resisting removal to secure personal position, justifying indemnity costs order for representor and fourth respondent. Internal costs claim by fourth respondent rejected as not recoverable through costs order.
- Citation
- [2016] JRC 069
- Parties
- Representor: Tanya Marya Dick Stock; First Respondent: Pantrust International SA; Second Respondent: Richard George De Winton Wigley; Third Respondent: James Richard De Winton Wigley; Fourth Respondent: G B Trustees Limited; First Third Party Respondent: John William Dick (Senior); Second Third Party Respondent: John William Dick (Junior); Third Third Party Respondent: Darrin Stock
- Jurisdiction
- Jersey
- Judgment Date
- 22 March 2016
- Procedural Posture
- Trust Representation / Costs Order Following Removal Application
- Outcome
- Costs orders granted on indemnity basis against first to third respondents; interim payments ordered.
- Legal Topics
- Trustee Removal, Costs Orders, Indemnity Costs, Jurisdictional Challenge
Case Brief
Summary, issues, holding and outcome
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Parties
Tanya Marya Dick Stock
Representor
Pantrust International SA
First Respondent
Richard George De Winton Wigley
Second Respondent
James Richard De Winton Wigley
Third Respondent
G B Trustees Limited
Fourth Respondent
John William Dick (Senior)
First Third Party Respondent
John William Dick (Junior)
Second Third Party Respondent
Darrin Stock
Third Third Party Respondent
Procedural Posture
Trust Representation / Costs Order Following Removal Application
Legal Issues
- 1 Whether costs should be awarded on indemnity or standard basis against first to third respondents
- 2 Scope of costs order for representor and fourth respondent
- 3 Entitlement to interim payment on account of costs
Ratio Decidendi
First to third respondents acted unreasonably and in conflict with trust interests, mounting jurisdictional challenge and resisting removal to secure personal position, justifying indemnity costs order for representor and fourth respondent. Internal costs claim by fourth respondent rejected as not recoverable through costs order.
Court Disposition
Costs orders granted on indemnity basis against first to third respondents; interim payments ordered.
Orders
- First to third respondents to pay representor's costs of and incidental to representations up to and including removal application (including jurisdictional challenge) on indemnity basis, excluding costs relating to setting aside 2007 and 2015 DORAS, seeking an account, Counterclaims and Third Party Claims.
- First to third respondents to pay representor £100,000 on account of costs within period to be stipulated.
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