The Trusts of the Abbott Fund and Re Andrew’s Trust . The key material question for the court was whether Mr Hunter could claim a right to the 50 shares under the trust. There are two requirements to be met. It was also held that it was not necessary for the trustee or the fiduciary to have acted dishonestly. … We connect high-impact NGOs and social enterprises working to create social and environmental change with the best law firms and corporate legal teams to provide them with free legal assistance. Trust law has evolved through court rulings differently in different states, so statements in this article are generalizations; understanding the jurisdiction-specific case law involved is tricky. In the case of Re Thompson’s Settlement Trust the Court held that a man must not put himself in a position where duty and interest conflict or where his duty to one conflict to one conflicts with the one to another. The House of Lords held that they were in fiduciary position that they could not be allowed to make the profit as the information was obtained as a result of information for the trust. 32 Total MCQs. … Court may not uphold a trust even where the word 'trust' is included if it can be proved that no trust was intended. One of the most important duties of a trustee is to keep the beneficiaries of the trust informed of the trust and its administration. University. Law Problem Question Equity - trusts problem question PLEASE HELP Equity & Trusts Problem Question Help ! Registered Data Controller No: Z1821391. To begin with the first provision of ‘2 million to build a Centre for the elderly in Cambridge’ the testator wishes to build a Recreation Centre by giving 2 million in his will. certainty as to the beneficiaries of the intended trust. Equity and Trusts - three certainties show 10 more Equity and Trusts Problem Question Does anyone have an good Trusts Law revision notes? May 11, 2016. The parties are seeking advice in relation to their entitlement. The term fiduciary has been explained by Millett LJ in the case if Bristol and West Building Society v. Mothew as ‘someone who has undertaken to act for on behalf of another in a particular matter in circumstances which gives rise a relationship of trust and confidence’. This brings the issue of liability of Grabbit and the bank in Cayman Island (the bank). 1720 words (7 pages) Law Essay. Oxford law interview questions are designed to assess whether you are suitable for the Oxford tutorial system. It was not clear whether all the shares were for in his name. Based on this it could be argued that C is a fiduciary for the trust and the beneficiaries as it is clearly stated that C is the solicitor for the trust. 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