In the first of two contributions on Employee Benefit Trusts Gregory Morris considers the practical implications for trustees of this recent Chancery decision (taken from Issue No 20 – July 2002). The aggregate value of all the financial arrangements which are in the care of the Association`s members is well in excess of £1 trillion.
Although the recent case, Alan David Cameron v M & W Mack (ESOP) Trustee Limited1, was decided by reference to the construction of the relevant documents and a principle of trust law, it raises issues which may be of practical concern for many trustees of employee benefit trusts.
Login or register to continue reading.
It will only take a moment and you’ll get access to the TACT publications.
Please note, if registering a new account for the first time, this will require approval by a TACT member of staff before access is granted.
The Trust Quarterly Review is published in partnership with STEP, it discusses matters of interest to trustees and executors with a focus on the particular interests of trust corporations in mind
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OKREAD MORE
