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- W3110015343 abstract "The constructive trust is a misunderstood area of jurisprudence. The perceived difficulties have been exacerbated over the last 40 years by the development in Commonwealth jurisdictions of a 'remedial' constructive trust. This thesis suggests that the constructive trust can be understood by reconsideration of the nature of a beneficiary's interest under the trust.Under the analysis undertaken, constructive trusts are seen as belonging to one of three different classifications.First is the policy constructive trust. This is a trust imposed by equity irrespective of individual fault, and dependent on the status of the parties.The second category is the proprietary constructive trust. Its imposition centers on the perception that the beneficiary has retained beneficial ownership of the trust property. It is our understanding of this classification that is questioned in the following material.Finally, there is the discretionary constructive trust. It is this form of trust that has caused the most consternation in recent years. The trust is imposed by a court sui generis, to give a personal remedy with proprietary consequences. The application of this trust is seen to arise as a result of equity's emerging trend of requiring a standard of fair behavior between parties in relationships recognized to have legal effect at law.As a consequence, the perception of the beneficiary owning the trust property is found to be misleading, holding back a principled development of personal liability in equity with proprietary consequences." @default.
- W3110015343 created "2020-12-07" @default.
- W3110015343 creator A5085994684 @default.
- W3110015343 date "1995-01-01" @default.
- W3110015343 modified "2023-09-27" @default.
- W3110015343 title "A Jurisprudential Basis for the Remedial Constructive Trust" @default.
- W3110015343 doi "https://doi.org/10.2139/ssrn.3665805" @default.
- W3110015343 hasPublicationYear "1995" @default.
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