Source: All England Reporter
Publisher Citation: [1999] All ER (D) 1413
Court: Chancery Division

John Jarvis QC sitting as a deputy judge of the High Court

Representation Richard Ritchie (instructed by Leborne Mitchell) for the syndicate.
  Konrad de Kerloy of Lovell White Durrant for N.
Judgment Dates: 10 December 1999


Trust - Creation of trust - Express trust - Applicability to contract of reinsurance - Whether express purpose trust arose where agreement to pay premiums into separate account to be used solely as collateral for issuance of letters of credit - Whether negotiations admissible as an aid to construction where written document sets up a trust.

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