Representation of JTC Trust Company Limited re the L Trusts 12-Mar-2021
Representation of JTC Trust Company Limited re the L Trusts 12-Mar-2021 [2021] JRC 068 (12 March 2021)
The Jersey Royal Court held that interest-free inter-trust loans made in breach of trust gave rise to a constructive trust under Article 33 of the Trust (Jersey) Law 1984.
- Constructive trusts
- Breach of trust
- Inter-trust loans
- Tax liability
- Trust administration
- Constructive-trusts