Is it expedient to appoint a new trustee for a trustee of N-Krypt?
British Columbia, Canada
The following excerpt is from N-Krypt International Corp. v. LeVasseur, 2018 BCCA 20 (CanLII):
N-Krypt submits in the present case that its welfare as a beneficiary is the main factor in determining whether it is expedient to appoint a new trustee. N-Krypt submits further that it is not necessary to show a breach of trust where a conflict of interest exists, and there is a reasonable basis to conclude either that the trustee may not act with impartiality and fidelity, or that it would be difficult for the trustee to do so: Simpson-Alec v. Ziprick, [1998] B.C.J. No. 685 (S.C.).
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