Case Update: HSBC Trustee (Singapore) Limited v Carolyn Fong Wai Lyn [2016] SGHC 31

Singapore Law; Legal; Lawyer

Case Update: HSBC Trustee (Singapore) Limited v Carolyn Fong Wai Lyn [2016] SGHC 31

Significance: Singapore High Court interprets will holistically (as opposed to a clause-specific construction), orders estate’s properties to be mortgaged to raise funds for professional trustees’ fees and costs, and refuses to order that trustees be discharged as Court found it was not in the interests of beneficiaries given the ongoing litigation in relation to the estate.