Marcus v Marcus [2024] EWHC 2086 (Ch)

Ellisons recently successfully represented the Defendant, Edward Marcus, in a High Court dispute brought by his brother regarding a complex family trust, holding assets including shares in the family business worth approximately £14.5 million.

Stuart and Patricia Marcus had two children, the Claimant (Jonathan Marcus) and Defendant (Edward Marcus) in the above proceedings. The Claimant and Defendant were raised as brothers. Stuart Marcus was a successful businessman, having founded a toy business in 1962 that later acquired Sequin Art. The family business later demerged into two groups of companies, which both Jonathan and Edward worked within.

With a view to protecting his assets, Stuart Marcus placed shares in the family companies in a discretionary trust in 2003 in favour of his children and remoter issue, which was the subject of this litigation.