Protectors of Trusts

Hardcover | November 1, 2013

byMark Hubbard

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A protector is a person appointed under the trust instrument given powers in relation to the administration of the trust. The modern use of protectors came about because settlors of international trusts were concerned about the risks involved in transferring their assets to trustees in distantcountries. Protectors are now a common and important feature of trust structures, as used in many international financial centres. Protectors of Trusts is the ideal first port of call for anyone who needs to know about trust protectors, whether from a contentious or a non-contentious perspective and aims to provide a comprehensive treatment of the subject. Written by a leading practitioner from New Square Chambers, this titledraws together the law of protectors which, like the jurisdictions of the trusts they protect, is found in cases and statutes scattered around the world.Practical in approach, this book analyses the relevant case law and statutory provisions, and provides detailed guidance on the use of protectors as well as coverage of the disputes which arise from their misuse. This work comprehensively covers the subject, with chapters on appointment and removalof protectors; powers; duties; remuneration and indemnity; liabilities; litigation by and against protectors and on enforcers of non-charitable purpose trusts.

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A protector is a person appointed under the trust instrument given powers in relation to the administration of the trust. The modern use of protectors came about because settlors of international trusts were concerned about the risks involved in transferring their assets to trustees in distantcountries. Protectors are now a common and ...

Mark Hubbard specialises in commercial and chancery litigation and advisory work, with an emphasis on offshore trust and company cases, company and insolvency, trusts and administration of estates, negligence of legal professionals and conflicts of laws. John Eidinow has a chancery litigation practice specialising in trusts both domest...

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Format:HardcoverDimensions:344 pages, 9.69 × 6.73 × 0.98 inPublished:November 1, 2013Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199551588

ISBN - 13:9780199551583

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Table of Contents

1. Introduction2. What is a Protector?3. Appointment and Removal4. Powers5. The Valid Exercise of Powers by Protectors6. Powers Commonly Given to Protectors7. Indemnity and Remuneration8. Liability9. Litigation by and against Protectors10. John Eidinow: Enforcers of Purpose Trusts11. Whose Law is it Anyway?Appendix 1: DraftingAppendix 2: Statutory ExcerptsAppendix 3: Gazette of Purpose Trust Legislation