The court considered a complaint that a trustee had purchased trust property.
Held: There is a residual discretion in the Court to uphold a transaction that technically falls within the prohibition.
Judges:
Harman LJ, Danckwerts LJ, Sachs LJ
Citations:
[1967] EWCA Civ 2, [1968] Ch 353, [1968] 1 All ER 665, [1968] 2 WLR 237
Links:
Jurisdiction:
England and Wales
Cited by:
Cited – Jones and others v Firkin-Flood ChD 17-Oct-2008
The trustees had contracted to sell shares in a private company held within the estate. A family member now claimed that they were held in trust after a settlement of a possible challenge to the will based in lack of testamentary capacity and undue . .
Lists of cited by and citing cases may be incomplete.
Wills and Probate, Trusts
Updated: 12 July 2022; Ref: scu.262787
