“…r its parent company but are beneficiaries of the trust of which USSL is the corporate trustee; and that although there are authorities such as Popely v Popely [2018] EWHC 276 (Ch) which use the description of “multiple” or “double” derivative claim to refer to a claim by beneficiaries against the directors of a corporate trustee, such a …”
“…th the grounds for a derivative action under company law and for a derivative action under trust law are established. That was what happened in Popely v Popely [2018] EWHC 276 (Ch) at [98]- [116].…”