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Related Special Reports
...The Pensions Regulator said: “We are in regular contact with the trustee but do not comment on these discussions.” The USS declined to comment....
...Apex Corporate Trustees, the trustee for the ETP, whose duties include overseeing the fund’s activities and protecting the rights of the investors, said it was “unable to comment on client matters”....
...Panthera’s shareholders include Cultivar International, an Australian company jointly owned by the Peter Greensill Family Co — the trustee for the Peter Greensill Family Trust — and Cultivar Investors, a...
...The company says that paying a beneficiary directly would mean bypassing the trustee. But there is no trustee because my dad is no longer here....
...But the trustee eventually lifted its objection after the law firm provided more details of its previous work, and the court approved S&C’s hiring....
...“The trustee understood and appreciated the widow’s wishes and these were fully considered by the trustee as part of its process....
...When there are no express provisions, the Trustee Act 2000 and previous legislation set out trustees’ boundaries on how they are to act....
...In Englander’s absence control would pass to the trustee advisory board, which would appoint new leadership, according to people familiar with the situation....
...Of course, the Trustee may seek to have the US Supreme Court review the case, but we think the Supreme Court would likely decline to do so, largely because there is no split among the federal circuits on...
...EY proposed a settlement of £400 to be paid by Harbour on the basis that in 2008 the value in the trust had not changed since the initial £1,000 invested by the trustee....
...OCBC, the Singaporean bank that was supposedly holding the escrow accounts, told Wirecard’s administrator after its collapse that it never held significant amounts of cash on behalf of the trustee, and that...
...First, Lebanon’s clause says that the Republic, on its own (ie without the agreement of the trustee) may add new provisions to the contract....
...The simplest route would be an “absolute” or “bare” trust, which would allow you to name your brother as the trustee....
...The lending industry fears new costs would be imposed if those regulations were applied to syndicated loans. But none of that matters to the trustee/plaintiff in Kirschner....
...Citi is the trustee of bond-like products sold by Greensill, which collapsed in March 2021....
...EY has previously cited Singapore’s bank secrecy laws and said it was legally required to rely on information from the trustee instead....
...In a House of Lords debate in April, former Tory minister Lord Theodore Agnew said the current rules limited disclosure to the “name of the trustee”, restricting the public’s knowledge of who ultimately...
...The revelations follow the trustee of the PwC pension fund warning members of its defined benefit scheme late last month that dates of birth and retirement had been accessed during the Capita hack....
...He should leave bankruptcy this year, although he is around £400,000 behind on the agreed payments to the trustee. “Do I start to make money? Yes.”...
...Citigroup, acting in its capacity as the trustee on bond-like products that Credit Suisse’s clients bought from Greensill, originally filed court petitions to wind up three of Gupta’s UK businesses in March...
...The Trustee Office, a branch of the Department of Justice in charge of bankruptcies, wants an independent investigation into what it calls “significant transparency issues” around the case....
...In other words, the beneficiary is regarded as if they were the purchaser (rather than the trustee)....
...State-run media also quoted Wang Wenbin, the Chinese foreign ministry spokesperson, saying China hoped “countries can overcome difficulties as soon as possible and return to the right track of low-carbon...
...Also, should a trustee die while holding a share in a joint account, there may be issues trying to prove to HMRC that the funds are not part of the trustee’s own estate, and therefore subject to tax....
...State Street Bank and Trust Company will retain its position as the trustee of the fund....
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