“A person is not to be regarded as being in adverse possession of an estate for the purposes of this Schedule at any time when the estate is subject to a trust, unless the interest of each of the beneficiaries in the estate is an interest in possession.”
“11. This, however, is not the end of the matter. I accept that the Applicant correctly took the view, once the existence of the deed of trust was disclosed, that the paragraph 12 point was fatal to his adverse possession case. However, it does not follow at all that his claim would otherwise have succeeded. The Respondents’ original statement of case put forward a potentially good defence. If the matter had gone forward to a final hearing, they may have won. 12. In these circumstances in my judgment the appropriate order is one of no order for costs. I accept that the Applicant may consider that this is harsh, but one of the risks of litigation is that new points arise as a case proceeds. He bought a case which was not iron-clad, although it had prospects of success. The late disclosure by the Respondents of a point which he now concedes is fatal is reflected in the fact that he does not need to pay any part of the Respondents’ costs.”