Cases Flashcards
(44 cards)
Miller v Jackson
Cricket club
Negligence (Injunction)
Saunders v Vautier
Collapsing a trust
- absolutely entitled
- over 18
- of sound mind
Curtis v Luken
Collapsing a trust with multiple beneficiaries
- sound mind
- abs entitled
- over 18
- all agree
Re Smith
A discretionary trust can be 'Saunders v Vautier'ed if there is a closed beneficiary group all abs entitled sound mind (Versus what?)
Sainsbury v IRC
potential beneficiaries have no propriety interest unless selected by the trustee
(Versus what?)
Paul v Constance
Certainty of intention
marriage - bank account
Palmer v Simmonds
Certainty of subject matter
- trust property itself
‘bulk of residue estate’
Harrison took absolutely
Re Golay’s WT
Certainty of subject matter
- trust property itself
‘reasonable income’
(contrast with ?)
Re London Wine
Tangible property
Not subject to trust
Hunter v Moss
Shares
Intangible
Subject to trust
Re Baden’s DT
Certainty of objects
‘Relatives’
Re Barlow’s WT
Certainty of objects
‘friends’
R v District Auditor ex p West Yorks MCC
Certainties of object
Administrative unworkability
Boyce v Boyce
Beneficial entitlements
Sister picks, others goes to younger sister
No trust
Knight v Knight
3 Certainties
Re Adams and Kensington Vestry
Certainty of intention
‘in full confidence’
No trust
Comiskey v Bowring Hanbury
Certainty of intention
‘in full confidence’
Is a trust
Re Kayford
Certainty of Intention
No need for words
Mail order - segregated bank accounts
Re Goldcorp Exchange Ltd
Certainty of subject matter
Gold bullion
No trust
RC v Broadway Cottages
Certainty of Objects
Couldn’t identify entire list so it failed
McPhail v Doulton
Certainty of object
Is or is not test
Hodgson v Marks
Formalities
Exception to S53 1b LPA 1925
- s53(2) LPA 1925
Implied trust was created
Grey v IRC
Formalities
6 grandchildren
The House of Lords held that there was no transfer of the equitable interest when the oral declaration was made (due to non-compliance with s53(1)(C)), but the disposition of Hunter’s interest in the shares was effective when the later declaration was made in writing (so stamp duty was payable)
Vanderwell v IRC
Formalities
Impliedly uses his Saunders v Vautier powers
Does not need to comply w 531c (in writing)