100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Summary Resulting Trusts Tutorial Notes £7.49   Add to cart

Summary

Summary Resulting Trusts Tutorial Notes

 16 views  0 purchase

Resulting trusts tutorial notes from a 1st class student.

Preview 1 out of 3  pages

  • April 23, 2021
  • 3
  • 2018/2019
  • Summary
All documents for this subject (7)
avatar-seller
bexyoung
Tutorial 4
Resulting trusts

Essential reading

Virgo ch 8.2 (NB this is only one section of chapter 8)

Tinsley v Milligan [1994] 1 AC 340

Tribe v Tribe [1996] Ch 107

Patel v Mirza [2016] UKSC 42


S Green & A Bogg, Illegality After Patel v Mirza (Hart 2018), pp 235-256 (this book is
available to view online via Cardiff University’s Library Catalogue).


------------

Recommended Extended Reading

M Law & R Ong, ‘‘He who comes to Equity need not do so with clean hands?’ illegality and
resulting trusts after Patel v Mirza, what should the approach be?’ (2017) 23 (8) Trusts &
Trustees 880-901.

G Virgo, ‘Patel v Mirza: One Step Forward and Two Steps Back’ (2016) 22 (10) Trusts &
Trustees 1090-1097.


1. Vilma’s favourite pastime was baking. Inspired by TV programme The Great British Bake
Off, Vilma decided to take out loans from several creditors, which she used to set up her own
bakery in Cardiff. Vilma’s most valuable asset was Mary Berry’s diamond encrusted cake tin,
which she purchased at auction for £30,000.

Vilma was an experimental baker, and decided that her business would specialise in cheese
and pineapple cakes and salt and vinegar brownies. However, as the uneaten cakes began to
accumulate and the bakery failed to make a profit, Vilma transferred the cake tin into Ruba’s
name to hide it from creditors.

Some months later, the salt and vinegar brownies filled the shop’s bins and Vilma’s bakery
business became insolvent. When the creditors subsequently attempted to claim the £30,000
cake tin, Vilma informed them that it no longer belonged to her, and entered into a settlement
with the creditors on this basis. Now the creditors are no longer pursuing her, Vilma seeks to
recover her prized diamond encrusted cake tin from Ruba.


Based on this scenario, consider the following: (see handwritten notes for a – c)

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller bexyoung. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £7.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

80467 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling
£7.49
  • (0)
  Add to cart