Queen Mary University of London School of Law LAW OF PROPERTY II EQUITY & TRUSTS Syllabus The nature of equity and the trust Express trusts o Certainty of intention‚ subject matter and objects o The beneficiary principle o The constitution of trusts o The duties of trustees and breach of trust Resulting trusts Quistclose trusts Constructive trusts Trusts of homes Personal liability to account Tracing Lecture - Course Documents 2009-10 1 Queen Mary University of London
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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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How are you supposed to trust a stranger that you have met online? Most people don’t think about the negative things that can happen when meeting a stranger until something goes wrong. Meeting a stranger for the first time can be very dangerous because it can lead to injury‚ death‚ or even getting robbed. When I was a freshman in high school‚ I had a passion for collecting basketball cards and selling them. I began buying packs of cards that had a random selection of basketball players. I would
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Is Trust Assumed When Working in Teams or Does Trust Have to be Earned Among the Team Members Management June 18‚ 2008 Is Trust Assumed When Working in Teams or Does Trust Have to be Earned Among the Team Members Is Trust Assumed When Working in Teams or Does Trust Have to be Earned Among the Team Members Research shows trust between team members is dynamic. “Trust grows as the relationship between you and your team develops through shared experiences. Creating this relationship
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restraints on trade are not enforceable. This notion was developed further in the late 19th century and late 20th century and made applicable to what we call ‘competition law’ in the USA. It is important to note that the enactment of the Sherman Anti-trust Act‚ 1890 was a reason for this development. What is the correlation between ‘restraint of trade doctrine’ and ‘modern competition law’? This article seeks to examine the relationship between the two by tracing back cases when the Sherman Act was
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Never Trust a Lady Victor Canning Everyone thought that Horace Denby was a good‚ honest citizen. He was about fifty years old and unmarried‚ and he lived with a housekeeper who worried over his health. In fact he was unusually very well and happy‚ except for attacks of hay fever in summer. He made locks and was successful enough at his business to have two helpers. Yes‚ Horace Denby was good and respectable-but not completely honest. Fifteen years ago‚ Horace had served his first and only sentence
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A trust is simply a legal body which allows holding of property.With a few exceptions‚ a trust may be created by any person who owns certain property. A trust may be created either during ones’ lifetime‚ also known as ‘Inter Vivo (IV)’‚ or after death by will. There are two ways of creating a trust‚ by transfer in shares and by declaration. On one hand‚ the settlor may opt to transfer property to a trustee who is meant to hold the property on behalf of the beneficiary. The obligations of the trustee
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Never Back Down Have you ever had one of those moments when you wished nothing more than to just give up and leave everything behind? Stupid question‚ everybody has those moments. Well‚ for me it was more like I couldn’t simply lie down and give up. This big realization came to me when I was about ten years old‚ during the third practice football game of the season. “TWEET!” The whistle to start the game finally came. My stomach was buzzing with angry butterflies. However‚ in my case they felt
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TD Canada Trust Executive Summary After the completion of a mega-merger‚ TD Canada Trust seeks to reposition the brand in order to retain customers and realize steady revenue growth. To examine the investment return of the new brand campaign “comfortable banking”‚ Executive VP Armstrong led his team developed a “linkage analysis” system and proposed a new branch incentive plan. This essay aims to evaluate the “linkage analysis” model and its effectiveness‚ also to comment on the incentive plan
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If trust does not meet test of certainty it will fail/be void If trust to be valid must meet three certainties: (Knight v Knight) Certainty of intention Certainty of subject matter Certainty of objects/beneficiaries Fundamental principle: the trust must be capable of being controlled + enforced There must be “sufficient practical certainty in [the trust’s] definition for it to be carried out‚ if necessary with the administrative assistance of the court‚ according to the expressed intention
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