Unit 3 Flashcards
Morice v Bishop of Durham
Must be someone who the court can decree performance
Re Astor
Void for good understanding, sympathy and co-operation by nations.
Re Dean
Trust to pay £750 each year for 50 years to look after testators horse and hounds.
Pettingal v Pettingal
Upkeep of testators horse a valid trust
Misery v Bingle
A bequest of £300 for for the erection of a monument to the testators wife’s first husband (held) and a further £200 for its upkeep (void)
Re Denley
Must directly/indirectly benefit a group of people
Re Recher
Contract holding theory- members may not take a share out as they please and must adhere to the rules.
Re Lipinski
May not need to follow the purpose given.
Re Grant
Rule of alienability not applied as the party the gift was given to did not have control of the money.
Quistclose v Barclays Bank
2 trusts
Re EVTR
Quistclose trusts can attach to a refund.
Twinsectra v Yardley
Only 1 trust in a Quistclose. Looks at whether the money must be used for a certain purpose or not.