Twitter Logo Youtube Circle Icon LinkedIn Icon

Mischca Trust & Butterfield Trust (Guernsey) v Thommessen et al.

October 2010 - Finance. Legal Developments by Ogier .

More articles by this firm.

This case concerned five applications involving theMischca Trust. The first application (the ā€œButterfieldApplicationā€) was made by the trustee of the MischcaTrust to request confirmation from the Court that thesetting up of the International Fund for Arts and Sciences(ā€˜IFASā€™) charitable trust by them was lawful.  

The trustee also sought confirmation from the Court that a transfer of assets that was made by it from the IFAS and the Mischca Trust to a new charitable trust named the Maria Benson Memorial Trust (ā€œMemorial Trustā€) was lawful



We provide advice on all aspects of BVI, Cayman, Guernsey and Jersey law together with a comprehensive range of fiduciary services through a global network of offices that covers all time zones and key financial markets. We are consistently highly rated in independent research studies and regularly lead offshore league tables