Jersey Case Law

In the matter of The Piedmont Trust and the Riviera Trust

In the matter of The Piedmont Trust and the Riviera Trust [2021] JRC 250 (06 October 2021)

The Royal Court held that fiduciaries and beneficiaries were entitled to costs out of the trust funds on the indemnity basis, with costs apportioned 77% to the P Trust and 23% to the R Trust.

• Trustee indemnity for costs
• Beneficiary costs
• Allocation of trust costs
• Administrative proceedings
• Costs orders
• Trusts-and-estates

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IN THE MATTER OF THE REPRESENTATION OF LINCOLN TRUST COMPANY (JERSEY) LIMITED AND IN THE MATTER OF THE A AND B TRUSTS

The Royal Court allowed Lincoln Trust Company (Jersey) Limited indemnity costs for its application and for ongoing English proceedings, despite criticism of its disclosures.

• Trustee indemnity for costs
• Indemnity basis costs
• Court directions for trustee
• Participation in english proceedings
• Trustee-indemnity-costs
• Indemnity-basis-costs

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