A question of trust: practical issues for office-holders of insolvent trustee entities

A question of trust: practical issues for office-holders of insolvent trustee entities

In this article, Thomas Munby and Laurie Brock from Maitland Chambers look at Practical issues for office-holders of insolvent trustee entities. The key points arising from the article are as follows:

  • Office-holders of insolvent entities holding assets on trust will often, but should not always, end up dealing with the trust assets
  • Recent authorities illustrate an increasing willingness on the part of the court to exercise its jurisdiction in a robust and creative way to allow sensible distributions of trust assets to take place
  • Costs incurred in relation to work on trust assets require careful treatment

Click here to read the full article.

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About the author:

Neeta started her legal career at Allen & Overy in 2008 in the midst of the global financial crisis and the collapse of Lehmans where she gained most of her paralegal experience.

Neeta also did a short stint in litigation at the Revenue and Customs Prosecutions Office in 2006. Neeta graduated with a 2:1 honours degree from University of London, Queen Mary College and went on to obtain a distinction from the College of Law in the Legal Practice. She has been working at Lexis Nexis since April 2013.