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In
B v Erinvale, the Royal Court intervened to set aside a decision of the trustee not to make the spouse of the settlor a beneficiary in her own right. The court s decision has implications for trustees and their obligation to act reasonably despite the trustee setting out reasons for its original decision.
Summary
This case concerned an application made by B under Article 51 of the Trusts (Jersey) Law 1984 to be added as a beneficiary of the A Settlement in her own right. B was already a beneficiary of the A Settlement in her capacity as the spouse of the settlor. However, the settlor was in ill health and had issued divorce proceedings, such that B had become concerned about her status as a beneficiary. The trustee had previously resolved not to add B as a beneficiary in her own right and had set out its reasons for not doing so in a detailed minute. However, the Royal Court found that despite the detailed and carefully considered minute, the decision ultimately reached by the
Royal Court intervenes to set aside trustee decision internationallawoffice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from internationallawoffice.com Daily Mail and Mail on Sunday newspapers.
Many pubs will be unable to reopen outside and trade at a profit or lack a garden, costing the sector some £1.5bn, the BBPA said.
Restrictions such as the rule of six and table service are to continue until 21 June at the earliest, the Prime Minister outlined yesterday.
BBPA chief executive Emma McClarkin said it was imperative further support was issued for the sector at the 3 March Budget.
“The reality is debt is mounting and many pubs simply won’t be able to hold out to April or May and will close for good before any door gets open.
“The Prime Minister said he will not pull the rug out and do whatever it takes. We will hold both him and the Chancellor to this,” she said.