Continue reading "Insolvency and trusts: Timing is everything"
Insolvency and trusts: Timing is everything
Donald Lilly explores the timing of proprietary interests when there is an insolvency Where a disposition of a mere expectancy or other future property is involved in a document, the question of when the right in that expectancy or property arises should be considered as part of the drafting process. The recent decision in Patel …