Saturday, 9 November 2013

Equity and Trusts law

There is little doubt that the courts have moved a considerable distance from the position delineated in Milroy v Lord. From the Re Rose case onwards, … there has been an incremental softening of the application of the criteria set out in that case.?
Moffat, Trusts Law, (Cambridge University Press, fifth edition, 2009), page 145.
Critically evaluate this statement, assessing how the law has developed the exceptions to the maxim that ?equity will not assist a volunteer to perfect an imperfect gift? and consider whether there is scope for further development in this area.
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