Equity and Trusts

Equity and trusts refers to those important doctrinal and remedial developments arising from the exercise of equitable jurisdiction by the courts. This unit of study will cover the historical development and content of equity; the concept of a trust, creation of express trusts, the nature of implied, resulting and constructive trusts; the concept of fiduciary obligations with particular reference to commercial settings and trustee’s duties; Equity’s supervision and control of trust powers and discretionary powers generally; the nature and significance of equitable remedies including the distinction between remedies of a personal and proprietary nature.