- Unreported Judgments
- Court of Appeal
- 2025
- [2025]GCA091
[2025]GCA091 - Pilatus (PTC) Ltd v RBC Trustees Ltd - 11 - December - 2025
View printable versionThe Guernsey Court of Appeal held that a contractual option (a chose in action) is trust property, and trustees owe duties to take prudent steps to safeguard its value. The trustee’s gross failure to ensure an orderly handover, where it had practical control, amounted to a breach of duty, and the appeal was allowed.