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Charitable companies: how far do fiduciary duties of members extend?

In 2014 the High Court decided the biggest divorce case in English history: Sir Chris Hohn, hedge fund manager, was ordered to pay his wife, Jamie, $530 million.

But the real money didn’t lie in their household fortune. It lay in the charity they had created together.

Matthew Smith reviews this important charity law case.

Source: Practical Law

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