Contentious Trusts newsletter - January 2019

Welcome to the January edition of the Taylor Wessing Contentious Trusts and Estates team’s newsletter.

Happy New Year – we hope you had an enjoyable festive break! January is notoriously a time when people find themselves counting the cost of excessive spending over the Christmas period, and in this month's Contentious Trusts and Estates newsletter, we demonstrate that even the offshore trust industry is not immune to money problems!

We explore the topical issue of Unexplained Wealth Orders (UWO), provide an overview of a recent Cayman case which addressed the question of whether a receiver can be appointed over a beneficial interest, and update you on a recent costs judgment in the Z Trust litigation which is the first case in any jurisdiction to deal with insolvent trusts.

Unexplained Wealth Orders – the key issues

Case summaries

Case update from the Cayman Islands

Z Trusts update