3 1. Case Name‚ Citation‚ and Court Peoples Trust Company of Bergen County v. Kozuck 98 N.J. Super. 235‚ 236 A.2d 630‚ N.J. Super. Lexis 389 (1967) Superior court of New Jersey‚ Law Division 2. Key Facts A. Peoples Trust Company of Bergen County is a bank located in New Jersey. B. Saul and Elaine Kozuck‚ husband and wife‚ signed a promissory note with Peoples Trust Company. The Kozucks contend the due date was improperly filled in by the bank. C. Peoples Trust Company brought
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2015 Assignment: Bill Miller and Value Trust Case Brief Conventional academic theories suggest that in markets characterized by high competition‚ easy entry‚ and information efficiency‚ it would be extremely difficult to beat the market on a sustained basis. William H. (Bill) Miller III‚ a mutual fund manager of Baltimore‚ Maryland – based Legg Mason‚ seemed to defy such theories while managing Legg Mason’s $11.2 billion Value Trust. Miller and Value Trust outperformed the S&P 500 for 14 consecutive
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Anti-Trust Case- Anheuser-Busch InBev Xavier A. Aldea DeVry University Anti-Trust Case- Anheuser-Busch InBev Introduction The Antitrust law is one that encourages marketplace rivalry by controlling anti-competitive behavior by businesses. The laws and regulations prohibit accords or acts that limit free trading and competition among businesses (Jacobson & American Bar Association‚ 2007). This may include cartels‚ dominating firms‚ some mergers and acquisitions and joint ventures. Conducts
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Within this vast service area‚ Mojave Desert Land Trust is the only conservation organization of its kind operating in and for the Mojave Desert. No other organization‚ public or private‚ serves to acquire desert land for protection and restoration. Additionally‚ no other nonprofit Native Plant Nursery exists in the entire region. This is an incredible strength because having its own nursery increases effectiveness and efficiency of restoration efforts and significantly reduces the possibility
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Interest Trusts take on two primary forms which is Charitable Remainder Trust and Charitable Lead Trust depending on which claims provided a charity and which is retained. White was considering structuring their $3million donation into a single-life Charitable Annuity Trust with Jack as the beneficiary. Charitable Remainder Trust was depending on the beneficiary as it could give or estate tax implications. If the sole beneficiaries was named after the donor or his/her spouse‚ the trust will not give
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Charitable Trusts: One of the most significant changes made by the Charities Act 2009 came in s.39 of that Act‚ which established a ‘Charities Regulatory Body’ to regulate charities. Case law still largely defines ‘charitable purpose’. The main advantage of being classified as a charitable purpose trust is that many of the disadvantages which would apply otherwise can be avoided; the rule against perpetuities doesn’t apply (although the trust must vest in a perpetuity period); the rule against
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historical background[1]. Trust‚ governed by the laws of equity‚ is a unique creation of common law and is often dealt with challenging and versatile series of events. This problem involves complex areas from topics of formalities‚ constitution of trusts‚ and covenants to settle. In this essay‚ I will fully concentrate on whether each section of the trust is enforceable‚ and the effects that the 2006 will could have brought about towards the trust. Covenant – Constitution of Trust a) On our first
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INTRODUCTION It is predominantly established fact that there has been a noteworthy boost in the figure of heterosexual or homosexual partners cohabiting outside marriage in the past three decades in the United Kingdom. Cohabitation has become the standard for a considerable fraction of the people in England and Wales and the increase in cohabitation is a phenomenon not restricted by the law makers. This trend recommends that cohabitation presupposes a better connotation in people’s life
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Law 3240 and 5760 Equity and Trusts Seminar 3 The Three Certainties: Certainty of Intention‚ Certainty of Subject Matter‚ and Introduction to Certainty of Objects Essential Reading Martin‚ Hanbury & Martin: Modern Equity (19th ed.‚ Sweet & Maxwell‚ 2012) 97-107; or Watt‚ Trusts and Equity (5th ed.‚ Oxford University Press‚ 2012)‚ 77-92; or Wilson‚ Todd and Wilson’s Textbook on Trusts (10th ed. Oxford University Press‚ 2011)‚ 53-72 AND
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trustees are to hold all of my shares on Trust for Zeke‚ except that for the period of 5 years after my death my Trustees are to give 1000 of my shares (or whatever lesser number my trustees think fit ) in whichever Company they shall think fit to any of my University classmates who ask for it and they in their discretion think fit. I submit to the court that my client is the sole beneficiary under a fixed trust and as such owns equitable rights in the trust property. His interest should be given
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