Cases to watch
Published November 2015
Hayward v Striker Trustees Ltd & Ors
November 2015 Supreme Court of the Bahamas – the latest stage of litigation concerning a family trust settled by the late Sir Jack Hayward, business tycoon and ex-owner of Wolverhampton Wanderers FC. The family of Sir Jack were excluded from benefiting under the trust, which owns half of the Grand Bahama Port Authority in Freeport, Bahamas. They are seeking their reinstatement as beneficiaries and also allege that the Protector of the trust, who recently removed two of the trustees, lacked capacity to exercise his fiduciary powers. The family have obtained the appointment of Judicial Trustees and a receiver over a BVI company connected with the trust. There is to be an inquiry as to, amongst other things, the validity of the removal deeds signed by the Protector. Terence Mowschenson QC, Lawrence Cohen QC, Tiffany Scott and Laura Newton act for the Hayward family adult plaintiffs; Mark Studer acts for the minor beneficiaries; Robert Ham QC acts for one set of former trustees.