As economic entities, commercial trusts are just as transactionally active as companies. Despite their similarities, however, it is not always appreciated just how different they are from companies, and how little protection the law offers to those who transact with them. Transacting parties are vulnerable to a range of risks when dealing with a trust and trustee. Unlike other textbooks and casebooks on trusts, Transacting with Trusts and Trustees deals with these practical issues in an applied way.
Features
• Discusses current practice for legal opinions in the Australian market and offers suggestions for the wording of opinions, assumptions and qualifications involving trustees and trusts, with explanations for each
• Includes detailed checklists
Related Titles
• Agardy, Trading Trusts Explained
• Heydon & Leeming, Jacobs’ Law of Trusts in Australia, 8th edition
1. Non-Bank Financial Entities and their Importance
2. Evolution of the Law of NBFE Governance 1981-2019: The Four Ages
3. NBFE Director and Trustee Duties
4. Evolution and Meaning of ‘Best Interest’ Duties
5. Evolution and Meaning of Fiduciary Duty
6. NBFE Corporate Governance in Comparative Jurisdictions (Singapore, Germany (& European Union), United Kingdom, Canada, United States
7. The Application of Comparative Law to Australian NBFE Corporate Governance
8. The Profession of Director in Australia