The Law Reports (Chancery Division)
[2017] Ch 191
Court of Appeal
Barnsley and others
v
Noble
[2016] EWCA Civ 799
2016 July 14;
Aug 2
Sir Terence Etherton C, Patten, Sales LJJ
Trusts— Trustee— Breach of trust— Exclusion of liability— Exoneration clause in will relieving trustees of personal liability for any action in professed exercise of trusts and powers save wilful fraud or wrongdoing— Defendant acting as executor of will and trustee in demerger of business organisation— Claimants alleging defendant breaching duty of full and frank disclosure— Whether defendant entitled to rely on exoneration clause
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