The Weekly Law Reports
[1980] 2 WLR 430
[CHANCERY DIVISION]
BARTLETT AND OTHERS v. BARCLAYS BANK TRUST CO. LTD. (NOS. 1 AND 2)
[1977 B. No. 4871]
1979 May 2–
4,
8–
11,
14–
18,
21–
25;
June 6– 8, 11– 15, 19– 22, 25– 29;
July 2– 6, 9– 12; 31
1980 Jan. 11, 14, 15
June 6– 8, 11– 15, 19– 22, 25– 29;
July 2– 6, 9– 12; 31
1980 Jan. 11, 14, 15
Brightman J.
Brightman L.J.
Trusts
— Trustee
— Duty of trustee
— Trustee corporation specialising in trust management
— Trust property comprising majority shareholding in private company
— Whether duty of trustee with regard to management of company higher than ordinary trustee
Trusts
— Breach of trust
— Compensation
— Settlement
— Beneficiaries shareholdings in private company vesting absolutely
— Subsequent sale of company as whole
— Date when compensation to be calculated
— Whether assumed liability for taxation in absence of breach of trust to be deducted from compensation
— Rate of interest payable on compensation
— Whether payable on disbursements
— Whether costs taxable on party and party or common fund basis