Constructive Trusts

Descrição

diploma Contract Law Mapa Mental sobre Constructive Trusts, criado por lorriehone em 05-01-2014.
lorriehone
Mapa Mental por lorriehone, atualizado more than 1 year ago
lorriehone
Criado por lorriehone mais de 10 anos atrás
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Resumo de Recurso

Constructive Trusts
  1. operation of law and may arise when:
    1. property acquired by unlawful killing
      1. killer treated as deceased when allocating trust property
        1. forfeiture act 1982
        2. applies to manslaughter, murder & related offences
        3. property acquired by fraud
          1. property must be able to be subject to equitable interest
            1. fraud: the purpose of the defeating benefit of the trust
            2. mutual wills
              1. must be an agreement
                1. prevents fraud
                  1. may be an obligation if only one party believed there was an agreement
                2. unauthorised profits
                  1. not entitled to make profit
                    1. no conflict allowed
                    2. knowledge gained by fiduciary position may be accountable for any profit
                  2. would be unconscionable to deny interest
                    1. Lord Denning: remedy to prevent unjust enrichment
                      1. courts reluctant to use as remedy
                        1. must be a breach of fiduciary duty
                      2. property must already be vested
                        1. remedy is against the property, not trustee
                        2. not subject to s53 formalities

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