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Climate change and trustees: powers, duties, responsibilities and liabilities

Trustees have a duty to act in the best interests of beneficiaries. In particular, it has been held that “(w)hen the purpose of the trust is to provide financial benefits for the beneficiaries, as is usually the case, the best interests of the beneficiaries are normally their best financial interests.” (Cowan v Scargill [1985] 1 Ch 270 at 286 per Megarry VC) This may require consideration of not only the economic well-being of the trust fund more generally, but also …

Study level
PhD, Master of Philosophy, Honours
Faculty
Faculty of Business and Law
School
School of Law
Research centre(s)

Australian Centre for Health Law Research

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