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On 16 February 2018 in Re the Achilles Trust, the Royal Court granted - for the first time - an order setting aside a transaction made by a trustee of a Guernsey trust on the grounds of what has become known as the rule in Hastings-Bass - a jurisdiction intended to protect beneficiaries from aberrant conduct by trustees.
The States of Jersey have passed a law to make major changes to the registration of mortgages (known locally as hypothecs) in Jersey.
Bedell Cristin has advised Ocorian, a leading global financial services provider, on its definitive agreement to purchase Capco Trust Jersey Limited ("Capco"), an independent Jersey-based private client and corporate services business.
The practice of restricting the availability of housing to tenants with children could soon be outlawed under new proposals before the States of Jersey.