LCRO 80/2022 NL v EB (23 July 2024) [pdf, 237 KB]
...2 [4] [Firm B] was the sole trustee of [Trust 1] (the Trust). [5] The Trust was the owner of 54 sections in a subdivision. [6] Mr EF and his two brothers, Mr VF and Mr OF, had been engaged in litigation relating to the estates of their parents, which incorporated the sections owned by the Trust. [7] In March 2016, the brothers entered into a Settlement Agreement,2 which provided, inter alia, that the sections were to be sold. Mr EF was to receive 27.5 per cent of the net s...