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Two recent decisions in the Guernsey Court of Appeal in the long-running case of Investec Trust (Guernsey LTD) v Oscaletto Interments Limited and Others highlighted the liability risks trustees face and the importance of managing obligations in when negotiating loan arrangements. In her first STEP webcast, Advocate Elaine Gray of Carey Olsen outlines the issues and statutory limitations considered under Article 32 of Jersey Trust Law and why trustee limitations of liability should be considered more broadly across offshore jurisdictions.
Elaine Gray, Carey Olsen
Elaine Gray is counsel to Carey Olsen’s litigation and dispute resolution team in Guernsey. She advises local and international clients in trusts disputes. Elaine is recognised by Legal 500 and has also regularly been recognised in Citywealth’s Leaders List for her work in contentious trusts.
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