Remuneration of a trustee

Abstract

After having obtained a decree of divorce in default of appearance, the wife of a German national, Franz Wilhelm Kohlrautz, who had retired after a successful career as an offshore investment adviser, appointed a receiver to obtain possession of the matrimonial property. This property was alleged by the wife to include substantial assets held by companies in various parts of the world. Mr Kohlrautz, on the other hand, said he had no beneficial interest in these assets and they belonged to clients or third parties. Mareva injunctions, Anton Piller orders and proceedings in the United States, Switzerland, Germany, Liechtenstein, England, Jersey and The Bahamas, sought to obtain possession of this property. Mr Kohlrautz found a friend in Dr Diedrichs-Shurland, another German also living in The Bahamas, and her husband, Mr Kemuel Shurland, a criminal lawyer. They offered to help Mr Kohlrautz by providing legal services and by Dr Diedrichs-Shurland holding...