Twitter Logo Youtube Circle Icon LinkedIn Icon

Publishing firms

Legal Developments worldwide

Dominion Corporate Trustees Limited & Dominion Trust Limited v Capmark Bank Europe PLC

October 2010 - Finance. Legal Developments by Ogier .

More articles by this firm.

The claimants are the joint trustees (the “Trustees”) of a Jersey property unit trust (the “Trust”), formed as a vehicle for holding real property in the United Kingdom (the “Property”).

The vendor contributed the Property to the Trust in exchange for units which were sold to Cantabria Investments Limited for a purchase price of ÂŁ28.1 million (partly funded by a term loan arranged with the defendant). The Property was mortgaged pursuant to a debenture made between the Trustees of the Trust (as legal owners of the freehold interest in the Property) in favour of the defendant (as security agent) to secure the term loan.

Read more.....


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