Overview On an application by the Representor trustee under Article 51 of the Trusts Law, the Royal Court determined that it was appropriate not to apply recent English authority following, instead, a Privy Council decision (on an appeal from New Zealand), because for “important reasons of policy” the Court needed to make a decision that […]
Read MoreACCOUNTING FOR BRIBES: A JERSEY UPDATE
Introduction The law in Jersey relating to the consequences of receiving a bribe has been recently clarified in the case of Lloyds Trust Company (Channel Islands) Limited v Fragoso and Others [2013] JRC 211 concerning a Jersey trust known as the Rex Trust The Rex Trust itself had been established in 1999 by a Mozambican […]
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