Trustees’ Rights of Indemnity

This book delves into the evolving landscape of express trusts, challenging certain traditional doctrines, and offering a fresh framework for understanding trustees’ rights of indemnity, their equitable liens, and trust creditors’ right of subrogation. Indeed, it provides the most comprehensive analysis of the relevant equitable rights and concepts to date. Through a detailed analysis of recent pivotal cases including Carter Holt, Halabi, and Jaken, the book shows the evolution of  those concepts. It additionally highlights the tensions between the equitable principles and statutory regimes,  such that the indemnity rights against the trust estate have become multi-edged (not just double edged) swords.

Features

• Offers legal practitioners tools for thinking about how to design protective measures within trust instruments and ways to better advance their clients’ interests in litigation

• Provides important matters for judges to consider when deciding cases and reshaping this area of the law

• Also examines  the key American trust law innovations as a comparison

Related Titles

• Agardy, Trading Trusts Explained, 2nd edition

• D’Angelo, Transacting with Trusts and Trustees

• D’Angelo, Commercial Trusts