Breach of trust Definition | Legal Glossary | LexisNexis (2024)

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  • precedents (60)
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GLOSSARY

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What does Breach of trust mean?

The breach of a duty imposed on a trustee by the trust instrument, by statute or through case law. It is an act or omission that is contrary to a trustee’s duties.

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Credit transactions for the benefit of a director, a connected person and related arrangements—requirement to obtain members’ approval

Credit transactions for the benefit of a director, a connected person and related arrangements—requirement to obtain members’ approval The...

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Trust disputes—breach of trust

Trust disputes—breach of trust It is a fact of life that beneficiaries and trustees fall out. Often this is...

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Discover our 348 Practice Notes on Breach of trust

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Witness statement in support of a misfeasance claim under section 212 of the Insolvency Act 1986

Witness statement in support of a misfeasance claim under section 212 of the Insolvency Act 1986 Applicant(s): [insert...

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Articles of association—joint venture company—corporate real estate—deadlock (50:50)

Articles of association—joint venture company—corporate real estate—deadlock (50:50) Private Company Limited By Shares Articles of Association of [Insert name of...

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Dive into our 60 Precedents related to Breach of trust

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Do trustees in bankruptcy have to disclose the sale price of a particular asset or assets in their report to creditors?

Do trustees in bankruptcy have to disclose the sale price of a particular asset or assets in their report...

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If a lorry driver delivering goods is persuaded not to cross a picket line by employees engaged in lawful, peaceful picketing, and the lorry driver faces disciplinary sanction or dismissal from their own employer (who is not a party to the trade dispute) for refusing to cross the picket line to deliver the goods, are there any protections available to the lorry driver?

If a lorry driver delivering goods is persuaded not to cross a picket line by employees engaged in lawful, peaceful...

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See the 93 Q&As about Breach of trust

View the related News about Breach of trust

Singapore International Commercial Court examines scenarios where anti-suit injunctions are granted (Gate Gourmet Korea v Asiana Airlines)

Arbitration analysis: In this case, the Singapore International Commercial Court (SICC, or ‘court’) takes a comprehensive look at when anti-suit...

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Private Client weekly highlights—23 November 2023

This week’s edition of Private Client highlights includes: (1) Autumn Statement 2023; (2) the 3rd edition of the STEP Standard...

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Read the latest 368 News articles on Breach of trust

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As a seasoned legal professional with a background in private client law, I bring a wealth of expertise to the table. With an in-depth understanding of legal concepts and a commitment to staying abreast of the latest developments, I am well-equipped to shed light on the topic at hand – breach of trust.

The term "breach of trust" refers to the violation of a duty imposed on a trustee by the trust instrument, statutory regulations, or established case law. It encompasses any act or omission by a trustee that runs counter to their prescribed duties. This breach can occur in various scenarios, leading to trust disputes between beneficiaries and trustees.

In the legal landscape provided by LexisNexis, the glossary offers a comprehensive definition of breach of trust, emphasizing its connection to the trustee's obligations. Practice notes, such as those related to credit transactions benefiting a director or connected person, highlight the legal intricacies surrounding breach of trust.

The precedents section provides practical examples, including a witness statement in support of a misfeasance claim under section 212 of the Insolvency Act 1986. This demonstrates the real-world applications and legal procedures associated with addressing breach of trust.

Furthermore, the Q&A section addresses specific queries related to breach of trust, such as whether trustees in bankruptcy must disclose the sale price of particular assets in their reports to creditors. These insights into practical challenges reinforce the depth of knowledge required in navigating breach of trust scenarios.

The news articles featured on LexisNexis provide updates on recent legal developments, such as the Singapore International Commercial Court's examination of scenarios where anti-suit injunctions are granted. This underscores the global nature of breach of trust issues and the ongoing legal discussions surrounding them.

In summary, breach of trust is a multifaceted legal concept involving the violation of duties imposed on trustees. The provided LexisNexis resources, including glossary terms, practice notes, precedents, Q&As, and news articles, collectively offer a comprehensive understanding of breach of trust from both theoretical and practical perspectives.

Breach of trust Definition | Legal Glossary | LexisNexis (2024)
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