Cancellation right of beneficiary under trust law: Call for possible paradigm shift

• Main Author: WU, Ying Chieh
• Format: text
• Language: Korean
• Published: Institutional Knowledge at Singapore Management University 2012
• Subjects: Disposition; beneficiary; beneficiary`s right; union; partnership; bankruptcy; trustee; jurisdiction; proprietary right; disposition; beneficiary right; void; rescission; Bankruptcy Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/2153
• Institution: Singapore Management University

This article questions the adequacy of rescission as a response to breaches of trust under Korean trusts law. When trustees dispose of trust assets in breach of trust, the beneficiary is entitled to rescind the disposition concluded by him (though the right to rescind is barred when someone who purc...