Landau v Anburn Trustees Ltd. [2007] JLR 250 (18 April 2007)

Landau v Anburn Trustees Ltd. [2007] JLR 250 (18 April 2007)

A trustee acting neutrally is entitled to full indemnity out of the trust for all reasonable expenses, including legal costs, without the need for an express order or taxation; if the reasonableness of the claim is in doubt, the court may refer it for assessment of reasonableness.

Citation
[2007] JLR 250
Parties
Applicant: Landau; Respondent: Anburn Trustees Ltd.
Jurisdiction
Jersey
Judgment Date
18 April 2007
Procedural Posture
Trusts / Costs Determination
Outcome
Trustee entitled to indemnity for reasonable legal costs from the trust fund.
Legal Topics
Trustee Indemnity, Legal Costs, Assessment of Reasonableness

Case Brief

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Parties

Landau

Applicant

Anburn Trustees Ltd.

Respondent

Procedural Posture

Trusts / Costs Determination

  1. 1 Whether a trustee is entitled to full indemnity out of the trust for reasonable expenses including legal costs when acting neutrally
  2. 2 Whether an express order or taxation is required for such indemnity
  3. 3 Procedure if there is concern about the reasonableness of the claim

Ratio Decidendi

A trustee acting neutrally is entitled to full indemnity out of the trust for all reasonable expenses, including legal costs, without the need for an express order or taxation; if the reasonableness of the claim is in doubt, the court may refer it for assessment of reasonableness.

Court Disposition

Trustee entitled to indemnity for reasonable legal costs from the trust fund.

Orders

  • No express order for indemnity required
  • If reasonableness of costs is in doubt, refer to Greffier for assessment