When assessing the actions of a trustee in making investment decisions, the presence of breaches of trust did not require any higher standard of decision making, and no claim by disappointed beneficiaries could succeed without showing that the decision was one which no reasonable man of ordinary prudence in that trustees circumstances of knowledge and background could have made.
Citations:
Times 18-Apr-2000, Gazette 05-May-2000
Jurisdiction:
England and Wales
Citing:
Appealed to – Wight and Wight v Olswang CA 7-Dec-2000
. .
Cited by:
Appeal from – Wight and Wight v Olswang CA 7-Dec-2000
. .
Lists of cited by and citing cases may be incomplete.
Trusts, Financial Services
Updated: 10 June 2022; Ref: scu.90491
