Berwin Leighton Paisner and Paicolex Trust Management AG – A WORD TO THE NOT SO VERY WISE

With the above refusing to remove my father from post because of his Alzheimer’s, they put both of the entities in financial jeopardy. Why?

I have had an on going dispute with both parties for a number of years and, due to their arrogance, I am sure that they have not notified their insurers, which they are legally bound to do. If they do not, their insurance and indemnity insurance will be invalid.

If a loss occurs as a result of a poor decision by my father, then, as a beneficiary, I will sue and will be able to finance the action with the trust’s funds.

Below is a very blunt warning to the lot of them

What you also fail to realise
This message was sent with High importance.
David Hender
Fri 03/05/2019 04:00
  • Lisa Mayhew Managing Partner Berwin Leighton;
  •  Teresa Pritchard (Bryan Cave Partnership);
  •  Clare Edwards (Paicolex)
+3 others

I have advised you over the years that my father has Alzheimer’s and, as a result, his judgement and reasoning is impaired.
If you continue to refuse to remove him from his post as UK representative of the trust and my father makes any incorrect instruction to either the trust officers or the bankers or to BLP and the settlement suffers a loss as a result, then, as a beneficiary, I am entitled to sue both Paicolex and BLP for the loss and for damages and will be entitled to use the trust money to finance such an action.
I have it on record that you have continually refused to remove him from post and I will therefore win my action as a result. If your professional insurers knew of the circumstances, then they would remove cover from BLP and Paicolex and therefore the individuals themselves would be personally liable for costs, the financial loss and damages.
You all have a (legal) responsibility to notify your insurers of any potential claim and, if you do not do so, then your insurance and indemnity insurance will be invalid.
Regards

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