What do 'subject thereto' and 'share' mean in a trust instrument?
13 April 2021
There have been two recent judgments in the Guernsey Court of Appeal on the construction of trust instruments. While there are no new points of law in the judgments, they are helpful summaries of the law and illustrate how the Court is likely to approach these types of issues in practice.
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Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.
