Shrewsbury v Rothesay LCRO 99 / 2009 (13 November 2009) [pdf, 80 KB]
...of the administration of the estate. In particular the estate had significant holdings in securities (such as shares, debt securities and unit trusts). It was the view of Mr Shrewsbury that it was negligent of Mr Rothesay not to accede to a request to distribute those shares to the beneficiaries as requested at the commencement of the administration. In the alternative it was argued that if it was not negligent to refuse to distribute the shares and it was proper for the securiti...