Comments on the Supreme Court ruling in AIB Group (UK) Plc v Mark Redler & Co Solicitors, which clarified the personal rights a beneficiary may invoke against a trustee for misapplication of trust assets. Reviews the facts of AIB, the court's approach to the limits of trustee liability, the distinction between traditional and commercial trusts, and the remaining uncertainties over the causation rules applicable to equitable compensation claims.
Stay on target: compensation and causation in breach of trust claims AIB v Mark Redler [2014] UKSC 58; [2014] 3 W.L.R. 1367 / Lorenzo Maniscalco; Andreas Televantos. - In: CONVEYANCER & PROPERTY LAWYER. - ISSN 0010-8200. - STAMPA. - 29:4(2015), pp. 348-355.
Stay on target: compensation and causation in breach of trust claims AIB v Mark Redler [2014] UKSC 58; [2014] 3 W.L.R. 1367
Lorenzo Maniscalco;
2015
Abstract
Comments on the Supreme Court ruling in AIB Group (UK) Plc v Mark Redler & Co Solicitors, which clarified the personal rights a beneficiary may invoke against a trustee for misapplication of trust assets. Reviews the facts of AIB, the court's approach to the limits of trustee liability, the distinction between traditional and commercial trusts, and the remaining uncertainties over the causation rules applicable to equitable compensation claims.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
