McDermott Will & Emery (JD Supra New Zealand)

1 result for McDermott Will & Emery (JD Supra New Zealand)

  • Balance of Power: Settlor Reserved Trust Powers Following Webb

    In 2017, the English High Court decision of Mezhprom v Pugachev caused ripples in the trusts world as to the extent to which a settlor of a trust can reserve powers for the trust to be considered valid. Several commentators dismissed the decision as an anomaly. However, the Privy Council’s 2020 decision in Webb v Webb suggests that courts in common law jurisdictions may be more inclined to strike

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