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Trusts & Trustees Advance Access originally published online on July 3, 2009
Trusts & Trustees 2009 15(7):619-625; doi:10.1093/tandt/ttp077
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© The Author (2009). Published by Oxford University Press. All rights reserved.

Crunch! When the worlds of trusts and insolvency collide

Will Richmond-Coggan*

*Will Richmond-Coggan, Pitmans, 47 Castle Street, Reading, Berkshire, RG1 7SR, UK; Tel: +44 118 958 0224; Email: wrcoggan{at}pitmans.com

In light of the current economic downturn, the author reviews the ways in which the operation of the statutory insolvency regime in the UK may impact on the investments held and managed by trustees, and their broader responsibilities to the beneficiaries of their trusts. He considers the impact of the individual insolvency of trustees, settlors and beneficiaries before moving on to the impact of the insolvency of corporate entities in which a trust may be invested, or otherwise connected.


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