Collas Crill is an offshore law firm with offices in BVI, Cayman, Guernsey, Jersey and London.
We deliver a comprehensive range of legal services to clients locally and globally in four broad practice areas: Financial Services and Regulatory; Insolvency and Corporate Disputes; Private Client and Trusts; and Real Estate.
Clients include some of the world’s leading financial institutions, international businesses, trusts and funds, as well as high-net-worth individuals and families across the globe. We continue to build a network of independent and trusted partners around the world including the Caribbean, the Channel Islands, the UK, Europe, the US, the Middle East, South Africa and Asia.
On 13 October 2022, the UK Privy Council handed down one of the most significant decisions of the past decade for the trusts industry in common-law jurisdictions in relation to Halabi...
Collas Crill acted for the successful lead appellant in the
case.
Those who practice in or around the trusts industry are likely
to have already heard about this matter. The various judgments are
lengthy, complex and already the subject of considerable
publication.
This article, published in the STEP's Trust
Quarterly Review (December 2022) focuses on the facts
underlying the Jersey appeal, the salient background leading up to
the Privy Council's decision and the practical considerations
that trustees and their creditors might now usefully have regard
to.
Click here for a shorter summary of the
judgment, published in October 2022
Contributor
Collas Crill is an offshore law firm with offices in BVI, Cayman, Guernsey, Jersey and London.
We deliver a comprehensive range of legal services to clients locally and globally in four broad practice areas: Financial Services and Regulatory; Insolvency and Corporate Disputes; Private Client and Trusts; and Real Estate.
Clients include some of the world’s leading financial institutions, international businesses, trusts and funds, as well as high-net-worth individuals and families across the globe. We continue to build a network of independent and trusted partners around the world including the Caribbean, the Channel Islands, the UK, Europe, the US, the Middle East, South Africa and Asia.