Judgment in Sofer v SwissIndependent Trustees [2019] EWHC 2071 (Ch)
Judgment was handed down today by the High Court in Sofer v SwissIndependent Trustees [2019] EWHC 2071 (Ch), striking out the claim for $20 million against a professional trustee. The judgment of HHJ Matthews (sitting as a Judge of the High Court) contains important guidance on: (i) the scope of trustee exoneration clauses; and (ii) the requirements which a pleading must satisfy in order to overcome such a clause.
Richard Wilson QC and James Weale (instructed by RadcliffesLeBrasseur) appeared for the defendant trustee.
James Weale will be giving a talk on trustee exoneration clauses in light of this judgment at the ACTAPS Regional Seminar on Tuesday, 8 October 2019.
Further information on this seminar will follow, but in the meantime, we ask you to 'Save the Date'.