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Representation of BNP Paribas Jersey Trust Corporation Limited

February 2011 - Corporate & Commercial. Legal Developments by Ogier .

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Representation of BNP Paribas Jersey Trust Corporation Limited concerning the position of a trustee on notice of an adverse claim

In the matter of the Representation of BNP Paribas Jersey Trust Corporation Limited [2010] JRC199, the Royal Court considered the position of a trustee who had received notice of an adverse claim contesting the origin of the trust assets but in respect of which litigation had not been brought forward.

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