Tax - News .com: Jersey trust industry perform trial simulation

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Jersey trust industry conducts Mock by Amanda Banks, tax - News .com, London test
Last updated 11 hours ago |Jeudi, October 21, 2010

Senior members of the trustee Jersey were tested by a mock trial conducted by Carey Olsen and Chambers Wilberforce, Pomme d'Or hotel last week.

Mock trial, more than 100 senior trust professionals was a challenge to defend or attack a decision trustee?s pass GBP5m trust account of beneficiary?s .the order of the day, including workshops, interactive sessions and trial simulated, was recalled to the confidence of the functions involved in the decision-making process and what can happen when a decision ends in litigation practitioners.

Carey Olsen Robert MacRae and Paul Buckle worked with Wilberforce Chambers? lawyers Michael Furness QC, Daniel Hochberg, Robert Ham and Judith Bryant to host the event partners give their expert perspective on the specified scenario.

The lawyer MacRae defended the decision trustee?s, while Daniel Hochberg challenged the decision, the appeal so that it can be set aside.Robert Ham QC acted as the trial judge and the litigants to test before the decision in favour of the defence.

Trustee's decision about ?The is much in the spotlight at the moment and it is something Trustees do all the time, it may be particularly topical at the present time due to serious challenges to shutdown Hastings Bass - mainly by IES, ? said MacRae lawyer.

The decision of Hastings Bass sets when a court may intervene in cases where a trustee is in its own discretion, particularly in cases involving taxes.

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