Buchanan and Spouse v Eaton: HL 30 Mar 1911

Circumstances in which held ( rev. judgment of the Second Division) that a trustee had not been guilty of maladministration so as to render himself personally liable, although the entire trust funds had now disappeared, and he had paid in 1898 a considerable sum to compromise proceedings against the trust threatened at the instigation of certain disinherited children of the truster, and had borrowed money on the heritable estate for this purpose without the annuities payable under the trust-deed being made a charge upon it.

Judges:

Lord Chancellor (Loreburn), the Earl Of Halsbury, Lord Atkinson, and Lord Shaw

Citations:

[1911] UKHL 481, 48 SLR 481

Links:

Bailii

Jurisdiction:

Scotland

Trusts

Updated: 03 August 2022; Ref: scu.619188