We are a contemporary London law firm, rooted in tradition with a lasting legacy of client service. Founded in 1780, we recognise the long-standing relationships we have with our clients and how they have helped shape our past and provide a platform for our future.
With 76 partners supported by over 300 lawyers and support staff, we operate on a four practice group model: private client, business services, real estate and dispute resolution.
Our driving force is to empower our clients by providing quality legal advice, insight and intelligence that enables them to achieve their goals whether personal or business. We are large enough to advise on the most complex matters, but small enough to ensure that our people and our work remain exceptional and dynamic.
Building relationships is at the heart of everything we do.
With effect from 1 December 2013, Trustees in Hong Kong are now required to observe a statutory duty of care unless the Trust document provides otherwise.
With effect from 1 December 2013, Trustees in Hong Kong are now
required to observe a statutory duty of care unless the Trust
document provides otherwise. This includes the utilisation of
any special knowledge or experience as would be expected of a
Trustee with that experience.
Previously Trustees in Hong Kong could be protected from
liability for all breaches of trust by exemption clauses in the
trust instruments. Except, of course, in the cases of
fraud. In any event, if the Trustees do receive a
remuneration, they cannot rely on the exemption clauses in any
event.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.