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2 By his will, Almo appointed Brye and Coril as trustees of a trust for the benefit of his son, Danko, who is aged 15.

2 By his will, Almo appointed Brye and Coril as trustees of a trust for the benefit of his son, Danko, who is aged 15. Brye owns and runs a bookshop, while Coril is an engineer. The trust property consists of 20% of the shares in eVisual Ltd, a private company. The trust instrument provides that the shares should not be sold but should be given to Danko when he is 18. Brye is approached by Filton, another shareholder in eVisual Ltd, who wants to buy the trust's shares. Brye asks Coril for her opinion, but Coril says that she is happy to let Brye do what she thinks is best for the trust. Brye decides to accept Filton's offer of 500,000 for all the trust's shares. Brye makes the following decisions about the money from the sale of the shares: She borrows 200,000 to open a new branch of her bookshop; She buys a share in a racehorse, Himalayan Salt, for 200,000. Danko then asks Brye if the trust could help a friend of his who is starting a new design business, Grandiose Designs. Brye agrees to invest 100,000 in the business. The new branch of Brye's bookshop does very well, and she pays back the 200,000 to the trust fund. Grandiose Designs does not do well, and it is now insolvent. The racehorse, Himalayan Salt, is killed in an unfortunate accident. Filton and the other shareholders in eVisual Ltd decide to sell the company to a competitor, InterVision Ltd for 4,800,000, meaning that the shares that Filton bought from the trust are valued at 960,000. Advise Danko of any remedies that he might have against Brye and Coril. ** give them the scenario and then say, "in what ways have Brye and Coril breached the trust and what remedies could Danko claim against them"***

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