Equity and Trusts (M3027)

30 credits, Level 5

Autumn and spring teaching

This subject consists of two related parts:

  • (a) key principles and concepts of equity and equitable remedies
  • (b) the institution of the trust

The module aims to set Equity and Trusts in its social, economic and political contexts. It will consider the historical development of equity and the use of particular equitable remedies.

We will look at the institution of the trust, its formation and constitution, moving on to regard the idea of beneficial ownership. The nature of private and public purpose trusts and implied trusts is considered.

We also look at the duties, responsibilities and rights of the personnel involved in a trust relationship, and finally moving on to look at the liability for strangers to a trust.

Within this framework, the basic principles and theoretical underpinnings of the subject will be analysed.

Teaching

73%: Lecture
27%: Seminar

Assessment

70%: Examination (Unseen examination)
30%: Written assessment (Essay)

Contact hours and workload

This module is 300 hours of work. This breaks down into 57 hours of contact time and 243 hours of independent study.

This module is running in the academic year 2018/19. We also plan to offer it in future academic years. It may become unavailable due to staff availability, student demand or updates to our curriculum. We’ll make sure to let our applicants know of such changes to modules at the earliest opportunity.

Courses

This module is offered on the following courses: