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Specialism: Lawyers Contentious Trusts
Company: Baker & Partners
Location: St Helier, Jersey
How can trust litigation be avoided?
Traditionally, trust disputes were resolved through court proceedings because the administration of trusts is subject to the overriding supervisory role of the court to protect the interests of beneficiaries, explained James Sheedy. However, “In many of the offshore jurisdictions, trust proceedings are often held in private and so there may be very little difference to arbitration proceedings, albeit that cross-border arbitration awards are far more readily enforced than court judgments.”
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