Download Commonwealth Caribbean Trusts Law 2nd edition by Gilbert Kodilinye PDF

By Gilbert Kodilinye

This publication examines the correct Caribbean laws and case legislations including the overall ideas of trusts legislations as utilized within the English courts and different Commonwealth jurisdictions.

Show description

Read Online or Download Commonwealth Caribbean Trusts Law 2nd edition PDF

Similar jurisprudence books

Law and Opinion in Twentieth Century Britain and Ireland

Legislations and Opinion in 20th Century Britain and eire covers 4 major issues: legislations and the nation, tradition and id, Public Morality and the Citizen, The dying of the English structure, each one subject matter being analyzed via essays authored through major British and Irish lecturers. The e-book offers a considerable and readable research of the connection among legislations and opinion in Britain and eire, with a unique specialise in the query of tradition, identification, and the kingdom.

Roman Society and Roman Law in the New Testament

Unique pub. Oxford : Clarendon Press, 1963.

The Man Who Smiled: A Kurt Wallander Mystery (4) (Vintage Crime Black Lizard)

After killing a guy within the line of accountability, Kurt Wallander resolves to hand over the Ystad police. although, a extraordinary case will get lower than his pores and skin. A legal professional riding domestic at evening stops to enquire an effigy sitting in a chair in the midst of the street. The attorney is hit over the pinnacle and dies. inside every week the lawyer’s son can also be killed.

Extra resources for Commonwealth Caribbean Trusts Law 2nd edition

Example text

Not only does the foregoing passage clearly reflect the settled principle of law that a stranger to a contract cannot sue upon the contract even though it was made for that person’s benefit, it also reveals the background to, and the effect of, the named beneficiary appearing in the clauses of life insurance policies issued by North American companies. Thus in the absence of an appropriately worded statutory provision in the legislation of states of the Commonwealth Caribbean, it would appear that a named beneficiary, as in the instant case, must establish that the language adopted by the policy document in relation to its beneficiary designation clause is so structured as to lead a court of equity on a true construction of that language to the conclusion that a trust was created.

The trust money has become that bank’s property to use in any manner that it thinks fit. Co-existence of debt and trust It is possible for a debt and a trust to co-exist, as is illustrated by Barclays Bank Ltd v Quistclose Investments Ltd. In this case, Rolls Razor Co, which had a large overdraft at Barclays Bank, borrowed £209,719 from Quistclose to pay dividends declared on its (Rolls Razor’s) shares. It was arranged between Rolls Razor and Quistclose that the loan was to be used only for the purpose of paying the dividends.

If the deed of settlement empowered the bank to deposit the trust fund with itself, the new trustee could not recover it in preference to other unsecured creditors. If it did not, the new trustee could recover the fund. It was held that the deed of settlement did confer such a power, and the new trustee was not entitled to recover the fund in preference to the bank’s other creditors. Hull J referred to the judgment of Lord Templeman in Space Investments Ltd v Canadian Imperial Bank of Commerce Trust Co (Bahamas) Ltd21 in which his Lordship had pointed out that beneficiaries are not protected against the consequences of the exercise in good faith of powers conferred by the trust instrument.

Download PDF sample

Rated 4.17 of 5 – based on 37 votes