Exploding the myth that sub-trustees 'drop out'
Despite judicial statements to the contrary, there remains doubt as to whether bare sub-trustees 'drop out' so as to render a principal trustee to come under a 'direct' trustee-beneficiary relationship with the sub-beneficiary. Although such a result is contrary to principle, it...
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sg-smu-ink.sol_research_smu-10852017-11-16T07:29:57Z Exploding the myth that sub-trustees 'drop out' THAM, Chee Ho Despite judicial statements to the contrary, there remains doubt as to whether bare sub-trustees 'drop out' so as to render a principal trustee to come under a 'direct' trustee-beneficiary relationship with the sub-beneficiary. Although such a result is contrary to principle, it has been said that authority dictates this result, namely, old authority in the form of cases such as Onslow v Wallis, Re Lashmar, Grainge v Wliberforce, and Head v Lord Teynham. By exploring the historical context surrounding these cases, in particular, the state of the law at the time they were decided, this paper will explode the myth that as a matter of authority, bare sub-trustees 'drop out'. 2017-10-01T07:00:00Z text https://ink.library.smu.edu.sg/sol_research_smu/86 Research Collection School Of Law (SMU Access Only) eng Institutional Knowledge at Singapore Management University trust sub-trust bare trust bare sub-trust Onslow v Wallis Re Lashmar Grainge v Wliberforce and Head v Lord Teynham. Commercial Law |
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trust sub-trust bare trust bare sub-trust Onslow v Wallis Re Lashmar Grainge v Wliberforce and Head v Lord Teynham. Commercial Law THAM, Chee Ho Exploding the myth that sub-trustees 'drop out' |
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Despite judicial statements to the contrary, there remains doubt as to whether bare sub-trustees 'drop out' so as to render a principal trustee to come under a 'direct' trustee-beneficiary relationship with the sub-beneficiary. Although such a result is contrary to principle, it has been said that authority dictates this result, namely, old authority in the form of cases such as Onslow v Wallis, Re Lashmar, Grainge v Wliberforce, and Head v Lord Teynham. By exploring the historical context surrounding these cases, in particular, the state of the law at the time they were decided, this paper will explode the myth that as a matter of authority, bare sub-trustees 'drop out'. |
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text |
author |
THAM, Chee Ho |
author_facet |
THAM, Chee Ho |
author_sort |
THAM, Chee Ho |
title |
Exploding the myth that sub-trustees 'drop out' |
title_short |
Exploding the myth that sub-trustees 'drop out' |
title_full |
Exploding the myth that sub-trustees 'drop out' |
title_fullStr |
Exploding the myth that sub-trustees 'drop out' |
title_full_unstemmed |
Exploding the myth that sub-trustees 'drop out' |
title_sort |
exploding the myth that sub-trustees 'drop out' |
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Institutional Knowledge at Singapore Management University |
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2017 |
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https://ink.library.smu.edu.sg/sol_research_smu/86 |
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