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ARTICLE · 21 OCTOBER 2015

Baker & Partners Secure Jurisdiction Victory In Application To Remove A Trustee

Baker & Partners LLP
Baker & Partners LLP
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Baker & Partners LLP

Baker & Partners LLP

The Cayman Islands office was opened in late 2020 with Robert Jones as the sole attorney. The...

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Following an extensive investigation by the Panamanian authorities into its affairs, PanTrust was banned by the Panamanian regulator from conducting trust business from February 2015.

JerseyCorporate/Commercial Law
James Sheedy
James Sheedy
Simon Thomas
Simon Thomas
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In a recent decision of the Jersey Royal Court Tanya Dick-Stock v PanTrust International SA, Wigley & Anor,1 Baker & Partners acting for a beneficiary, have secured a significant early victory in a legal battle for the court ordered removal of a Panamanian trustee of significant Jersey real estate.

In a significant intervention in the administration of what, on their face, appeared to be foreign law trusts, administered from Panama, with a non-resident trustee, the Royal Court has accepted jurisdiction to hear an urgent application to remove and replace PanTrust with a regulated Jersey trustee; G.B. Trustees Limited (an affiliate of Garfield-Bennett Trust Company).

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