The new trustees now
faced a classic dilemma; at the point where funds available were lowest, they had to decide whether to proceed with a case against the original trustees with all the inherent risks that entailed in terms
of adverse costs if they lost or, not take
action but risk a future claim by the trust's beneficiaries for failing to carry out their duties in properly preserving the trust's assets.
If you are seeking preventive advice or
facing adverse action due to past criminal conduct, contact the offices
of Guelph employment lawyer Peter McSherry.