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Beddoe applications for offshore trustees

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02 Apr 2024
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Offshore jurisdictions remain important centres for the establishment and administration of trusts. What should an offshore trustee do when facing the prospect of litigation with a hostile foreign party? This article will examine how a trustee can seek the court’s approval of its participation in any such litigation by ordering that the trustee be indemnified in respect of costs from the trust funds.

This article was originally published with ThoughtLeaders4 Private Client Magazine.