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Morley V Morley
''Morley v Morley'' (1678) 22 ER 817 is an English trusts law case, concerning the duty of care owed by a trustee. Facts A trust fund was the victim of a robbery, and £40 of gold was taken. Judgment Lord Nottingham LC held that a trustee could not be liable if £40 of the trust fund's gold was robbed, so long as he otherwise performed his duties. See also *English trust law English trust law concerns the protection of assets, usually when they are held by one party for another's benefit. Trusts were a creation of the English law of property and obligations, and share a subsequent history with countries across ... References English trusts case law 1678 in law 1678 in England Court of Chancery cases {{England-law-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
English Trusts Law
English trust law concerns the protection of assets, usually when they are held by one party for another's benefit. Trusts were a creation of the English law of property and obligations, and share a subsequent history with countries across the Commonwealth and the United States. Trusts developed when claimants in property disputes were dissatisfied with the common law courts and petitioned the King for a just and equitable result. On the King's behalf, the Lord Chancellor developed a parallel justice system in the Court of Chancery, commonly referred as equity. Historically, trusts have mostly been used where people have left money in a will, or created family settlements, charities, or some types of business venture. After the Judicature Act 1873, England's courts of equity and common law were merged, and equitable principles took precedence. Today, trusts play an important role in financial investment, especially in unit trusts and in pension trusts (where trustees and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duty Of Care
In tort law, a duty of care is a legal obligation that is imposed on an individual, requiring adherence to a standard of reasonable care while performing any acts that could foreseeably harm others. It is the first element that must be established to proceed with an action in negligence. The claimant must be able to show a duty of care imposed by law that the defendant has breached. In turn, breaching a duty may subject an individual to liability. The duty of care may be imposed ''by operation of law'' between individuals who have no ''current'' direct relationship (familial or contractual or otherwise) but eventually become related in some manner, as defined by common law (meaning case law). Duty of care may be considered a formalisation of the social contract, the implicit responsibilities held by individuals towards others within society. It is not a requirement that a duty of care be defined by law, though it will often develop through the jurisprudence of common law. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trustee
Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any individual who holds property, authority, or a position of trust or responsibility to transfer the title of ownership to the person named as the new owner, in a trust instrument, called a beneficiary. A trustee can also be a person who is allowed to do certain tasks but not able to gain income, although that is untrue.''Black's Law Dictionary, Fifth Edition'' (1979), p. 1357, . Although in the strictest sense of the term a trustee is the holder of property on behalf of a beneficiary, the more expansive sense encompasses persons who serve, for example, on the board of trustees of an institution that operates for a charity, for the benefit of the general public, or a person in the local government. A trust can be set up either to benefit particular persons, or for any charitable purposes (but not generally for non-charitab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trust Fund
A trust is a legal relationship in which the holder of a right gives it to another person or entity who must keep and use it solely for another's benefit. In the Anglo-American common law, the party who entrusts the right is known as the "settlor", the party to whom the right is entrusted is known as the "trustee", the party for whose benefit the property is entrusted is known as the "beneficiary", and the entrusted property itself is known as the "corpus" or "trust property". A ''testamentary trust'' is created by a will and arises after the death of the settlor. An ''inter vivos trust'' is created during the settlor's lifetime by a trust instrument. A trust may be revocable or irrevocable; an irrevocable trust can be "broken" (revoked) only by a judicial proceeding. The trustee is the legal owner of the property in trust, as fiduciary for the beneficiary or beneficiaries who is/are the equitable owner(s) of the trust property. Trustees thus have a fiduciary duty to manage th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heneage Finch, 1st Earl Of Nottingham
Heneage Finch, 1st Earl of Nottingham, Privy Council of England, PC (23 December 162018 December 1682), Lord Chancellor of England, was descended from the old family of Earl of Winchilsea, Finch, many of whose members had attained high legal eminence, and was the eldest son of Sir Heneage Finch, Recorder of London, by his first wife Frances Bell, daughter of Edmond Bell, Sir Edmond Bell of Beaupre Hall, Norfolk. Early career In the register of University of Oxford, Oxford University, he is entered as born in Kent, and probably his native place was Eastwell, Kent, Eastwell in that county. He was educated at Westminster School, Westminster and at Christ Church, Oxford, where he remained until he became a member of the Inner Temple in 1638. He was called to the bar in 1645, and soon obtained a lucrative practice. Career In April 1660, he was elected Member of Parliament for Canterbury (UK Parliament constituency), Canterbury and Mitchell (UK Parliament constituency), Mitchell in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
English Trust Law
English trust law concerns the protection of assets, usually when they are held by one party for another's benefit. Trusts were a creation of the English law of property and obligations, and share a subsequent history with countries across the Commonwealth and the United States. Trusts developed when claimants in property disputes were dissatisfied with the common law courts and petitioned the King for a just and equitable result. On the King's behalf, the Lord Chancellor developed a parallel justice system in the Court of Chancery, commonly referred as equity. Historically, trusts have mostly been used where people have left money in a will, or created family settlements, charities, or some types of business venture. After the Judicature Act 1873, England's courts of equity and common law were merged, and equitable principles took precedence. Today, trusts play an important role in financial investment, especially in unit trusts and in pension trusts (where trustees and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
English Trusts Case Law
English usually refers to: * English language * English people English may also refer to: Peoples, culture, and language * ''English'', an adjective for something of, from, or related to England ** English national identity, an identity and common culture ** English language in England, a variant of the English language spoken in England * English languages (other) * English studies, the study of English language and literature * ''English'', an Amish term for non-Amish, regardless of ethnicity Individuals * English (surname), a list of notable people with the surname ''English'' * People with the given name ** English McConnell (1882–1928), Irish footballer ** English Fisher (1928–2011), American boxing coach ** English Gardner (b. 1992), American track and field sprinter Places United States * English, Indiana, a town * English, Kentucky, an unincorporated community * English, Brazoria County, Texas, an unincorporated community ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1678 In Law
Events January–March * January 10 – England and the Dutch Republic sign a mutual defense treaty in order to fight against France. * January 27 – The first fire engine company (in what will become the United States) goes into service. * February 18 – The first part of English nonconformist preacher John Bunyan's Christian allegory, ''The Pilgrim's Progress'', is published in London. * March 21 – Thomas Shadwell's comedy ''A True Widow'' is given its first performance, at The Duke's Theatre in London, staged by the Duke's Company. * March 23 – Rebel Chinese general Wu Sangui takes the imperial crown, names himself monarch of "The Great Zhou", based in the Hunan report, with Hengyang as his capital. He contracts dysentery over the summer and dies on October 2, ending the rebellion against the Kangxi Emperor. * March 25 – The Spanish Netherlands city of Ypres falls after an eight-day siege by the French Army. It is later returne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1678 In England
Events from the year 1678 in England. Incumbents * Monarch – Charles II * Parliament – Cavalier Events * 10 January – England and the Dutch Republic sign a mutual alliance against France. * 21 March – Thomas Shadwell's comedy ''A True Widow'' is given its first performance, at The Duke's Theatre in London, staged by the Duke's Company. * 31 May – the Godiva Procession, a commemoration held in honour of Lady Godiva's legendary 11th century naked horseback ride through the streets of Coventry in protest against her husband's treatment of the citizens, begins. * 6 September – Titus Oates first presents sworn allegations of the "Popish Plot", a supposed Catholic conspiracy to assassinate King Charles II. On 28 September before the Privy Council he makes allegations against numerous Jesuits and Catholic nobles. Oates applies the term Tory to those who disbelieve his allegations. * 17 October – magistrate Sir Edmund Berry Godfrey is found murdered in Primrose Hill, Lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
