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The need for a trustee to carefully scrutinise expenses (UBS AG, London Branch v Glas Trust Corporation)

The need for a trustee to carefully scrutinise expenses (UBS AG, London Branch v Glas Trust Corporation)
Published on: 20 July 2017
Published by: LexisPSL
  • The need for a trustee to carefully scrutinise expenses (UBS AG, London Branch v Glas Trust Corporation)
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  • What are the practical implications of this case?
  • What was this case about?
  • Parties to the case
  • What is the background to this case?
  • What were the main legal arguments arising?
  • What are the AHG expenses?
  • What did the parties contend?
  • What did the judge decide?
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Article summary

Banking & Finance analysis: In UBS AG London Branch v Glas Trust Corporation Ltd, a dispute arose as to whether the note trustee had properly incurred expenses under the terms of the transaction documents. or take a trial to read the full analysis.

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