Application for rectification or rescission brought by the trustees of a settlement created by the First Defendant Mrs Janatha Stubbs, as to two deeds of revocation and appointment. Each Deed effected a revocation and reappointment of the trusts on which certain shares of a trust fund were held under a settlement. It was said that the Deeds were wrong because they effect a revocation and reappointment of the trusts relating to two of the settlor’s children, whereas they were only intended to effect a rather more limited revocation of certain interests, that is the successive life interests of their then spouses.
Held: The requirements for rectification were met.
Judges:
Rose J
Citations:
[2017] EWHC 180 (Ch)
Links:
Jurisdiction:
England and Wales
Trusts, Equity
Updated: 29 January 2022; Ref: scu.573912