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Determination of the Distribution of Monies pursuant to a Trust

Posted: 10 Nov 2022
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We successfully acted for Trustees in a significant, complex and protracted claim for determining the distribution of monies held from a trust fund with sums in excess of £5,000,000. This claim was very complex as it involved a contested element and was a ‘hybrid’ Part 7 and Part 8 claim. 

The disputed element of the claim was settled after a 17-hour mediation involving Hong Kong-based clients. Overall, the case was conducted over four years, and the settlement agreements were, following complex submissions, approved by the High Court.

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