<i>LA Micro Group (UK) Ltd v LA Micro Group Inc</i> [2023] EWCA Civ 214—A (sub-)trust for thee but not for me

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چکیده

Abstract In LA Micro Group (UK) Ltd v Inc [2023] EWCA Civ 214, the Court held that under an express trust with A as trustee and B beneficiary, a constructive sub-trust could arise sub-trustee beneficiary sub-trust, resulting in dropping out of picture legal title interest merging A. It is argued Court’s reasoning conceptually untenable given inherent instability circular structure; better view remedy was sui generis equitable order.

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ژورنال

عنوان ژورنال: Trusts & Trustees

سال: 2023

ISSN: ['1363-1780', '1752-2110']

DOI: https://doi.org/10.1093/tandt/ttad057