Equity law

Explain and critically discuss the rules of international law applicable to the construction and operation of hydro-electric power projects on international watercourses. Your essay should make reference to one or more specific examples.

Professor Peter Luxton in his paper 1 considered the judgement of Re Horley Town Football Club, in context of the changes in membership rules and the effect such changes had on the entitlement of members to beneficial interests.

This essay analyses whether this viewpoint is correct at present time and that whether it is true that contract-holding trumps other methods by which dispositions can be allowed to unincorporated associations. Examples can be seen in purpose trusts.

Published: 2015-01-15

Naomi’s photos have been used by Umberto for painting her portrait as a birthday present from her husband, Sam. For this purpose, Sam has entered into a contract with Umberto. Umberto has agreed to sell the paintings to Miranda for twice the sum that Umberto and Sam had agreed upon. This is a breach of contract between Umberto and Sam. Sam has both legal and equitable remedies for such breach but he wants to enforce equitable remedies against Umberto, and these are discussed below.

As there was a contract between Sam and Umberto with respect to the paintings to be made, the issue of breach of contract and the remedy available to Sam arises. The basic issue in this is - whether Sam can avail of any equitable remedies, particularly specific performance, for breach of contract?

Published: 2015-01-15

Omar and Prakash have opened two accounts in the bank for the specific purposes of receiving money from their customers into one account (‘Trust Account’) and for receiving the money loaned to them by their Aunt Farmin for repayment of the rent due by them to their landlord. As they have become insolvent, the question of the two accounts that they have opened in the bank arises. In the case of the first account, the funds are kept for the specific purpose of paying to the suppliers. In the case of the second account, the funds are kept for the specific purpose of repayment of their rent dues.

The issue in this case is that whether the funds in the two accounts are subject matter of trust.

Published: 2015-01-17

Facts of the Problem: Ariadne has given the share certificate to her solicitor, Juno, to hold the shares in trust for her nephew, Neptune. The shares are with respect to Ariadne’s holding in the company Miles plc. Juno has informed Neptune about the arrangement regarding the shares and Neptune’s interest in the shares. However, instead of completing the rest of the formalities, Juno has filed the documents and forgotten to obtain the registration of the shares in her name by Miles plc. Now Ariadne has dies and left all her property in a will to her husband Zeus.

The issue that arises in this situation concerns the rights of Neptune in the property of shares of Miles plc. The issue is whether the imperfect gift of the shares be considered to have passed to Neptune? In other words, whether Neptune is the rightful owner of the shares in Miles plc, as against Zeus?

Published: 2015-01-18

Equity Law

Equity law

Professor Peter Luxton in his paper 1 considered the judgement of Re Horley Town Football Club, in context of the changes in membership rules and the effect such changes had on the entitlement of members to beneficial interests.