Twinsectra v Yardley: Trusts, Powers and Contractual Obligations

Glister, J.A.

Abstract

Reviews the decision in Twinsectra Ltd v Yardley on whether the arrangement between the parties created a Quistclose trust. Considers the significance of certainty of purpose and whether the trustee is under a positive or negative obligation in relation to trust funds. Suggests that the separation of proprietary rights and contractual obligations is the most acceptable solution to this problem.

Citation

Glister, J. (2002). Twinsectra v Yardley: Trusts, Powers and Contractual Obligations. Trust law international, 16(4), 223-230

• Journal Article Type: Article
• Publication Date: Jan 1, 2002
• Deposit Date: Jan 19, 2009
• Journal: Trust law international.
• Print ISSN: 0962-2624
• Publisher: Bloomsbury Professional
• Peer Reviewed: Peer Reviewed
• Volume: 16
• Issue: 4
• Pages: 223-230
• Keywords: Breach of trust, Constructive trusts, Resulting trusts, Third parties.
• Public URL: https://durham-repository.worktribe.com/output/1629280