ABSTRACT
A recent decision of the Royal Court of Jersey has determined whether a foundation established and incorporated under Jersey law can be set aside on the grounds of mistake. ‘The case is significant for individuals who may be looking to establish a foundation in Jersey as it provides guidance on the remedies available to them if they have taken action based on deficient advice.’ It also demonstrates that a foundation cannot be a sham.
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Richard Laignel and Sally Edwards, Help, my foundation was a mistake!, Trusts and Trustees, https://doi.org/10.1093/tandt/ttab022. Published: 3 August 2021.
First posted 2021-08-10 09:00:07
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