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Using the courts to solve your trust problems

The law firm Baker & McKenzie recently made a fascinating presentation about the seemingly inexhaustible leniency of courts to remedy errors made by trustees, under English law. This leniency is predicated on a landmark 1975 ruling known as Hastings-Bass. That case, explains Steven Sieker, a Hong Kong-based partner at Baker & McKenzie, concerned a trust set up (in 1947) to…

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