Continue reading "Quistclose Trusts: Clear segregation"
This post is only available to members.
Quistclose Trusts: Clear segregation
Lynsey Oakdene and Camilla Dalzell discuss the definition of a Quistclose trust and the circumstances in which a court will find that one exists, following Tuthill ‘A Quistclose trust arises in circumstances where a transferor transfers money to another with the intention that the money is to be used for a specific and exclusive purpose.’ …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Barclays Bank Ltd v Quistclose Investments Ltd [1968] UKHL 4
- Gabriel v Little & ors [2013] WTLR 419
- Tuthill v Equine FX Ltd [2013] EQHC 1207 (Comm)
- Twinsectra Ltd v Yardley & ors [2002] UKHL 12; [2002] WTLR 423 HL