Subject Focus

May: focus on equity and trusts

Our broad selection of equity and trusts resources are all sophisticated and engaging, bringing clarity to the subject. The chapters in this month's collection demonstrate the range of approaches our resources take, so you can be assured that there is something for each course, no matter how and when you teach it.

Chapters are available for non-Law Trove subscribers to access until 31 May.

The Law Trove Equity & Trusts 2021 collection is available for students and institutions to buy for £44.99.

Stay up to date with new titles publishing in equity and trusts law by visiting our subject page. New editions will be added to the 2022 Law Trove collection available in September.

Here for the covers?

If you want to judge the books by their covers scroll to the bottom of the page to discover the significance of bananas, kayakers and bluebells.

Chapter collection

Ch 5. Charitable purpose trusts
from Equity & Trusts: Text, Cases, and Materials (3rd edn) by Paul S. Davies and Graham Virgo
"This chapter discusses the charitable trust — its definition and the consequences of its failure. A charitable trust is defined as a public trust for purposes that provide a benefit to the public or a section of the public and is a trust subject to supervision by the Charity Commission..."

Ch 17. Informal trusts of land
from Equity & Trusts Law Directions (7th edn) by Gary Watt
"Sharing land is what we do, especially on this small island, and in the part that is England and Wales co-ownership of land always exists under a trust in which legal title is held by the trustees as beneficial joint tenants..."

Central London Property Trust Ltd v High Trees House Ltd [1947] KB 130, King’s Bench Division
from Essential Cases: Equity & Trusts (4th edn) by Derek Whayman
This case is regarded as a significant step in developing the modern doctrine of promissory estoppel. It raises questions of whether its birth was legitimate and the extent of its operation

Ch 9. Family provision
from Borkowski's Law of Succession (4th edn) by Brian Sloan
"Under the Inheritance (Provision for Family and Dependants) Act 1975, certain persons can apply for financial provision out of the deceased’s estate on the grounds that the deceased’s will or intestacy (or a combination of the two) does not make reasonable financial provision for the applicant..."

Ch 2. The characteristics of equity
from The Principles of Equity & Trusts (4th edn) by Graham Virgo
"This chapter analyses the essential characteristics of Equity. It identifies fourteen maxims that are useful and relevant today as guidelines for the operation of the equitable jurisdiction..."

Ch 12. Trustee investment
from Trusts & Equity (9th edn) by Gary Watt
"Trustees must invest in a manner that is prudent and fair, and failure to do so may make them personally liable to compensate for any loss. However, it is difficult to prove a breach of trust, and to prove and quantify the loss suffered by the fund..."

Ch 1. Dual legal systems: Common law and equity
from Equity (2nd edn) by Sarah Worthington
"This chapter focuses on different aspects of the bizarre common law dualist legal system, with its separate bodies of Common Law and Equitable rules. It describes the origins of common law dualism and then discusses the early distinguishing characteristics of Common Law and Equity..."

Ch 13. Equitable remedies
from Equity & Trusts Concentrate (7th edn) by  Iain McDonald and Anne Street
"One of the key equitable maxims states that ‘equity will not suffer a wrong without a remedy’. Therefore, over the years the courts have developed a number of equitable remedies to address the limitations of the common law response."

Jacket illustration explanations, taken from the prefaces.

The bluebell wood on The Principles of Equity & Trusts (4th edn) by Graham Virgo
"Equity is an ancient country with rich resources. Its inhabitants are courteous, precise, and careful in their thinking and their speech; they place much weight on fundamental principles of justice and good faith. The territory of Equity is large. Some areas are well ordered, with elegant structures which continue to be of real practical benefit. Other areas have been left to grow wild."

The paddler on Equity & Trusts Law Directions (7th edn) by Gary Watt
"If a kayak paddler wants to progress forward, every stroke of the paddle through the water involves a simultaneous pulling with the lower hand and pushing with the upper hand. The two hands, positioned towards opposite ends of the paddle, act in opposite ways—one pulling and the other pushing—so they are almost polarised like the opposite ends of a magnet. As in a magnetic dynamo, this opposition isn’t static, but is necessary to produce drive. So it is with the relationship between common law and equity."

The banana on Trusts & Equity (9th edn) by Gary Watt
"If I show you an unpeeled banana you will say ‘that’s a banana’ even though you can only see the inedible outside form of the banana. If I show you a peeled banana you will still say ‘that’s a banana’ even though you are now looking at the very different edible inside. Under a trust, legal and equitable ownership exist likewise in an invisible split between non-beneficial form and beneficial substance."