Smith and Philpott v Athol Administration Limited and ors, the Milewood Purpose Trust (2021), CHP2020/93

Smith and Philpott v Athol Administration Limited and ors, the Milewood Purpose Trust (2021), CHP2020/93

Abstract A body of case law has now developed in relation to the well-known jurisdiction of common law courts to intervene in voluntary dispositions where they are made on the basis of a serious mistake. But what about the situation where some consideration has been given for the disposition? Does t...

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Veröffentlicht in:Trusts & trustees 2021-11, Vol.27 (9), p.949-956
1. Verfasser: Rimmer, John
Format: Artikel
Sprache:eng
Schlagworte:
Analysis
Case law
Common law
Consideration (Law)
Courts
Disposition of assets
Impossibility of performance
Jurisdiction
Laws, regulations and rules
Mistake (Law)
Remedies
Stock transfer
Tax planning
Taxation
Transfer taxes
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Beschreibung
Zusammenfassung:Abstract A body of case law has now developed in relation to the well-known jurisdiction of common law courts to intervene in voluntary dispositions where they are made on the basis of a serious mistake. But what about the situation where some consideration has been given for the disposition? Does the existence of significant, or any, consideration deny the equitable remedy?
ISSN:1363-1780
1752-2110
DOI:10.1093/tandt/ttab079