We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Pension Trustees Hit Back In £5.9M Failed-Resort Donnybrook

Law360, London (March 13, 2019, 8:23 PM GMT) -- A pension administrator that lodged a £5.9 million ($7.8 million) suit against a trust manager for investing in a failed Caribbean resort has shot back in a London court against the management company’s claims it was contractually entitled to fund the development, maintaining the company was “at the very least” negligent.

Hartley Pensions’ High Court suit claims that Estera Corporate Trustees (Guernsey) Ltd. was so reckless and negligent that its conduct may have amounted to fraud. Estera countered in a recent filing that it was allowed to advance money to the resort’s developer under the terms of a deed of trust....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!



Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.



Law Firms