In re Seaton Trustees Ltd. v [2009] JLR_Note 15 (19 March 2009)

In re Seaton Trustees Ltd. v [2009] JLR_Note 15 (19 March 2009)

The court clarified the scope of trustees' discretion and their duty to act in accordance with the trust instrument and in good faith.

Parties
Trustee: Seaton Trustees Ltd.
Jurisdiction
Jersey
Judgment Date
19 March 2009
Procedural Posture
Trust Application / Judgment
Outcome
clarification of trustee duties
Legal Topics
Powers and Duties of Trustees, Exercise of Discretion

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Parties

Seaton Trustees Ltd.

Trustee

Procedural Posture

Trust Application / Judgment

  1. 1 What are the powers and duties of trustees regarding the exercise of discretion?

Ratio Decidendi

The court clarified the scope of trustees' discretion and their duty to act in accordance with the trust instrument and in good faith.

Court Disposition

clarification of trustee duties