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Watt: Equity and Trusts Directions

Chapter 15

Paul Matthews, "Indemnities For Retiring Trustees O.T.P.R." (1990) Vol 1, Issue 2, p.27.
www.kessler.co.uk/dtwt/articles/Matthews_Indemnities_for_Retiring_Trustees.html
This article asks the question: "Where UK resident trustees of an English law trust retire in favour of offshore trustees, how can they protect themselves against liabilities which are then contingent or unquantified (e.g., taxation) for which they may thereafter be chargeable?"

A full report of Wight v. Olswang no. 1 (The Times, 18 May 1999) on the subject of exemption clauses can be found on the following link:
www.kessler.co.uk/dtwt/articles/Wight_v._Olswang.html

Law Commission 'Limitation of Actions' Report No 270 (2001)
www.lawcom.gov.uk/docs/lc270sum.pdf (summary)
www.lawcom.gov.uk/docs/lcr270bill.pdf (bill)
www.lawcom.gov.uk/docs/lc270.pdf (report)

Law Commission 'Trustee exemption clauses' Consultation Paper 171 2nd December 2002
www.lawcom.gov.uk/docs/cp171sum.pdf (summary)
www.lawcom.gov.uk/docs/cp171.pdf (consultation paper)