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Settlor; settlors, Sham trust, Trustee liability, Trustees, Trusts

The Trust Illusion

The recent High Court decision in Clayton v Clayton has been appealed and cross-appealed.  Leave has also been given for certain appeals to be made out of time.

The appeal will be heard on 14 July 2014.  In the meantime, Mrs Clayton has served a bankruptcy notice on her former husband in respect of costs of High Court $212,471.  This matter is set down for further hearing in September 2014.

Also see Ex-wife scores big in multi-million dollar asset-tug

References:

  • Clayton v Clayton

 

 

 

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