Abacus Trust (Isle of Man) v Barr

Subject Matter

TRUSTS — Trustee — Duty of trustee — Settlor wishing trustee to exercise power of appointment to create discretionary trusts — Trustee's representative misinterpreting trustee as to detail of settlor's intentions — Trustee executing deed of appointment not according with settlor's wishes — Whether appointment open to challenge — Whether trustee in breach of fiduciary duty — Whether appointment void or voidable

[2003] Ch 409; [2003] 2 WLR 1362

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