The Russian Oligarch and the “Sham” Trust: Pugachev

Maxime and Ross go over the last major sham trust case in 2017, in the New Zealand courts involving Russian Oligarch Sergei Pugachev (SC MP Bank & Anor v Pugachev & Ors [2017]). But as they discover yet again this case was anything but a sham trust case, in fact, the judge confirmed that sham trusts don't exist! https://www.belhommelaw.com/   / rossbelhomme   #EstatePlanning #LegalBattles #Shams #ShamTrusts #TrustLaw #protectyourwealth 00:00 Introduction 01:11 Case Background 04:40 A Bizarre Judgement 05:50 Family Office Emails Undermine 06:50 NZ lawyer & Common Intention 09:50 No Sham Trust! 11:34 Protector Settlor Control Undermine 13:32 Would a Lifeboat fund/Cook Islands Trust have helped? 14:32 Be careful what you write on emails! 15:18 Treat Trusts carefully