The trustee of the Society had actively defended a trust action but failed. He sought an indemnity for his costs.
Held: He was not entitled to an indemnity for costs out of the trust assets. His acts had preferred one group of beneficiaries over another. A trustee’s neutrality in a trust dispute was sacrosanct.
Citations:
Times 23-Nov-1985
Jurisdiction:
England and Wales
Cited by:
Cited – Alsop Wilkinson v Neary and Others ChD 4-Nov-1994
The second defendant, a solicitor, had fraudulently taken money from trusts, and paid money into trusts for his own family. It was claimed that the payments were intended to defeat the recovery of the funds. The trustees sought protection on costs . .
Lists of cited by and citing cases may be incomplete.
Trusts, Costs
Updated: 24 November 2022; Ref: scu.198268