H Trust [2007] JRC 213 (16 November 2007)
The Court declined to accede to SW's submission regarding enforcement beyond attributed valuations and to RW's submission for mechanisms of debt repayment, holding its role is limited to supervision of the H Trust and directions regarding its assets, not to interfere with rights under the English Order.
- Citation
- [2007] JRC 213
- Parties
- Applicant: SW; Respondent: RW
- Jurisdiction
- Jersey
- Judgment Date
- 16 November 2007
- Procedural Posture
- Trust Dispute / Post Judgment Order
- Outcome
- Submissions declined; undertakings to apply as previously ordered.
- Legal Topics
- Enforcement of Foreign Orders, Valuation of Trust Assets, Distribution of Trust Property
Case Brief
Summary, issues, holding and outcome
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Parties
SW
Applicant
RW
Respondent
Procedural Posture
Trust Dispute / Post Judgment Order
Legal Issues
- 1 Whether undertakings not to enforce claims under the English Order against proceeds of sale should apply beyond attributed valuations
- 2 Whether the Court should supervise repayment of SW's debts and impose mechanisms for payment
- 3 Whether Jersey Orders should constitute full settlement of obligations under the English Order
Ratio Decidendi
The Court declined to accede to SW's submission regarding enforcement beyond attributed valuations and to RW's submission for mechanisms of debt repayment, holding its role is limited to supervision of the H Trust and directions regarding its assets, not to interfere with rights under the English Order.
Court Disposition
Submissions declined; undertakings to apply as previously ordered.
Orders
- SW's undertakings not to enforce claims under the English Order against the Portuguese property or Canadian land apply to proceeds of sale up to attributed valuations.
- No mechanism imposed for payment of SW's debts; Jersey Orders do not constitute full settlement of English Order obligations.
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