Adam and Company International Trustees Ltd and Others v Theodore Goddard (A firm): ChD 17 Mar 2000

It was not possible for two trustees to retire, and be replaced by and leaving only one trustee, not being a trust corporation. The two trustees were not therefore discharged from the trust, and the solicitors who had advised them in the exercise had been negligent. A discharge of the second trustee could only be obtained via section 39.


Times 17-Mar-2000, Gazette 30-Mar-2000


Trustee Act 1925 36 39


England and Wales


Updated: 10 May 2022; Ref: scu.77634