In re Piedmont Trust [2016] 1 JLR 14 (21 January 2016)

In re Piedmont Trust [2016] 1 JLR 14 (21 January 2016)

Appointment of trustees is an administrative matter; trustees, fiduciaries, and beneficiaries convened to the application are entitled to indemnity for costs from the trust fund.

Citation
[2016] 1 JLR 14
Parties
Trust: Piedmont Trust; Applicant: Trustee; Fiduciary: Protector; Respondent: Beneficiaries
Jurisdiction
Jersey
Judgment Date
21 January 2016
Procedural Posture
Trust Application / Application for Directions
Outcome
Application granted
Legal Topics
Costs, Indemnity, Appointment of Trustees, Administrative Matters

Case Brief

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Parties

Piedmont Trust

Trust

Trustee

Applicant

Protector

Fiduciary

Beneficiaries

Respondent

Procedural Posture

Trust Application / Application for Directions

  1. 1 Validity of appointment of trustees
  2. 2 Entitlement to indemnity for costs out of trust fund
  3. 3 Costs entitlement for beneficiaries convened to application

Ratio Decidendi

Appointment of trustees is an administrative matter; trustees, fiduciaries, and beneficiaries convened to the application are entitled to indemnity for costs from the trust fund.

Court Disposition

Application granted

Orders

  • Trustee and other fiduciaries entitled to indemnity for costs out of trust fund
  • Beneficiaries convened to application for directions entitled to costs on indemnity basis