Question
Trebor is trustee of shares in Plonk Ltd and Broke Ltd, holding on trust for George. George wished to give the shares in Plonk Ltd
Trebor is trustee of shares in Plonk Ltd and Broke Ltd, holding on trust for George. George wished to give the shares in Plonk Ltd to Zupo and instructed Trebor to transfer title to the shares to Zupo. Trebor signed the transfer form and handed the form to Zupo's solicitor, Solo, along with the certificate of title to the shares.
George also tells Trebor to hold the shares in Broke Ltd on trust for Xerxes but a few days later, George argues with Xerxes and instead agrees in writing to sell these shares to Yasmin.
Before Solo was able to register the shares in Plonk Ltd in Zupo's name, George was killed in a car crash, leaving all his property to Sylvia. It also emerges that George never transferred his interest in the shares in Broke Ltd to Yasmin, and now Xerxes and Sylvia are claiming them.
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