ABSTRACT
This article is a wake-up call for trustees: it looks at the Chief Justice’s decision in the Supreme Court of Bermuda in Meritus v Butterfield, which exposes as a myth the notion that an outgoing trustee is entitled to insist on a contractual indemnities or to retain trust assets as security against potential trust liabilities.
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Elspeth Talbot Rice, QC, I’m a Trustee, get me out of here (with indemnities and security), Trusts and Trustees, https://doi.org/10.1093/tandt/tty191. Published: 25 January 2019.
First posted 2019-02-01 06:57:18
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