Equity Favours Charity

John  Picton

Equity Favours Charity

John Picton

Law

Research output: Contribution to journal › Commentary/debate › peer-review

Abstract

Comments on HM Attorney General v Zedra Fiduciary Services (UK) Ltd (Ch D) on the application of the cy-pres doctrine in relation to a trust established to pay off the national debt. Considers the extent to which the test for determining whether the trust should be treated as having failed from its outset, and the court's approach to modification of the trust to maximise social impact, lean in favour of charity, and the practical implications.

Original language	English
Pages (from-to)	363-368
Number of pages	6
Journal	The Law Quarterly Review
Volume	137
Publication status	Published - 1 Jul 2021

Keywords

charitable purposes
Cy-pres schemes
impossibility
national debt

Cite this

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title = "Equity Favours Charity",

abstract = "Comments on HM Attorney General v Zedra Fiduciary Services (UK) Ltd (Ch D) on the application of the cy-pres doctrine in relation to a trust established to pay off the national debt. Considers the extent to which the test for determining whether the trust should be treated as having failed from its outset, and the court's approach to modification of the trust to maximise social impact, lean in favour of charity, and the practical implications.",

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AU - Picton, John

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N2 - Comments on HM Attorney General v Zedra Fiduciary Services (UK) Ltd (Ch D) on the application of the cy-pres doctrine in relation to a trust established to pay off the national debt. Considers the extent to which the test for determining whether the trust should be treated as having failed from its outset, and the court's approach to modification of the trust to maximise social impact, lean in favour of charity, and the practical implications.

AB - Comments on HM Attorney General v Zedra Fiduciary Services (UK) Ltd (Ch D) on the application of the cy-pres doctrine in relation to a trust established to pay off the national debt. Considers the extent to which the test for determining whether the trust should be treated as having failed from its outset, and the court's approach to modification of the trust to maximise social impact, lean in favour of charity, and the practical implications.

KW - charitable purposes

KW - Cy-pres schemes

KW - impossibility

KW - national debt

UR - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3939600

M3 - Commentary/debate

SN - 0023-933X

VL - 137

SP - 363

EP - 368

JO - The Law Quarterly Review

JF - The Law Quarterly Review

ER -

Equity Favours Charity

Abstract

Keywords

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