Bartlett v Barclays Bank Trust Co Ltd (Nos 1 and 2)

Subject Matter

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

[1980] Ch 515; [1980] 2 WLR 430; [1980] 1 All ER 139, Ch D

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

[1980] Ch 515; [1980] 2 WLR 430; [1980] 1 All ER 139, Ch D