Equity Summary

Description

Brief 6 page (3 pages double sided) summary used in equity exam. Mini summary of facts of main cases (in green). **Includes useful quotes from cases so you can get that HD! Set out very clearly with headings. Covers topics such as: • Express trusts (certainty of intention, certainty of subject matter, certainty of objects, formalities, complete constitution, illegality); • Administration of trusts (who can be a trustee, powers of the trustee, trustee duties, termination of trusts, removing trustees, exclusion of liability); • Remedies for breach of trust and fiduciary duty (loss based remedies, gain based remedies, rescission); • Third party liabilities for breach of trust or fiduciary duty (procurement liability, recipient liability, knowing assistance liability); • Resulting and constructive trusts (resulting trusts arising on non-disposal of the beneficial interest, purchase price resulting trusts, constructive trusts); • Specific performance and prohibitory injunctions; and • A brief part on fiduciaries (not assessed in our year, but had it just in case).