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

October 2010 - Finance. Legal Developments by Ogier .

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This case concerned five applications involving theMischca Trust. The first application (the ‚ÄúButterfieldApplication‚ÄĚ) 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(‚ÄėIFAS‚Äô) 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 (‚ÄúMemorial Trust‚ÄĚ) was lawful



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