Representation of Equity Trust (Jersey) Limited re Longthorne Trust 11-Nov-2019
Representation of Equity Trust (Jersey) Limited re Longthorne Trust 11-Nov-2019 [2019] JRC 223A (11 November 2019)
The Royal Court of Jersey blessed a trustee’s decision to sell trust-owned property, finding the sale reasonable, made in good faith, and necessary to meet trust liabilities.
- Trustee decision blessing
- Conflict of interest
- Discretionary trust
- Sale of trust property
- Trustee-blessing
- Conflict-of-interest