Topic: Should we be concerned by the Guernsey Court of Appeal's decision in Rusnano? 

 

Speakers: Bryan De Verneuil-Smith and Simon Davies of Ogier

Presentation Summary


A consideration of the recent Guernsey Court of Appeal's decision in Rusnano and whether trust professionals should be concerned about its impact on when a sole beneficiary can bring a discretionary trust to an end.

You Asked, We Answered

The following questions were submitted during the above presentation and answered by the speakers.
If you have a question please email us and we will ask Simon/Bryan to do their best to answer, and post both Q&A here.

WAS THE RUSNANO CASE REFERRED BACK TO THE ROYAL COURT BY THE COURT OF APPEAL FOR CONSIDERATION AS TO WHETHER THE COURT WAS PREPARED TO EXERCISE ITS DISCRETION TO NOT GO THROUGH WITH SECTION 53 (3) OF THE TERMINATION REQUEST?

DID THE COURT OF APPEAL CONFIRM THAT RUSNANO HAD A RIGHT OF APPEAL TO THE PRIVY COUNCIL AND DID IT GRANT LEAVE TO APPEAL?

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