Wragge Lawrence Graham & Co
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Unless it would be obviously apparent that a guarantor lacked mental capacity when entering into a guarantee, the guarantee is binding.
The Royal Court in Jersey has ruled that a private trust company seeking to bring claims for breach of trust could not benefit from empêchement d’agir.
The Taxation (Exchange of Information with Third Countries) (Amendment No. 7) (Jersey) Regulations 2013 came into force on 6 November 2013.
The Royal Court of Guernsey was asked to consider the circumstances in which trustees could be personally liable to repay loans obtained in their capacity as a trustee.
There is an increasing focus on defined-contribution investment issues.