Source: All England Reporter
Publisher Citation: [2013] All ER (D) 29 (Jul)
Neutral Citation: [2013] EWHC 1363 (Ch)
Court: Chancery Division
Judge:

Mr G Moss QC (Sitting as a Deputy High Court Judge)

Representation Richard Wilson (instructed by Forsters LLP) for the second to fourth claimants.
  Mr Steinfeld for the first defendant.
Judgment Dates: 28 June 2013

Catchwords

Trust and trustee - Trustee costs - Indemnity as to costs - First claimant company establishing employer-funded retirement benefit schemes - First defendant being appointed trustee - First defendant being removed as trustee - First defendant seeking to be indemnified for services provided as trustee - Claimants seeking accounts and declarations - Whether first defendant being entitled to be indemnified - Whether first defendant being entitled to give accounts and enquiries to second to fourth claimants.

The Case

Trust and trustee Trustee costs. The Chancery Division held that the first defendant trustee had accounted fully in respect of its trusteeship and had justified the fees that it had charged in respect of performing trustee services in respect of sub-schemes to an employer funded retirement benefit scheme.

Practice Areas

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