The Diocesan School Cayman investmentcontroversy invites consideration of what it is that a charity is and does. Registered charities receive tax concessions and commonly also receive donations and bequests. The donors may perceive a higher level of accountability or investment caution, as a result of that charitable status. However, that assumption (even if founded on the belief … Continue reading →
The case of Unkovich v Clapham provides an excellent example of the difficult decisions trustees must make when seeking to uphold decisions made by them in the face of opposition. It is useful to first consider the principles that apply to trustee decision making, which are set out at [47] and [48] as follows: [47] … Continue reading →
