Re Locker's Settlement
| Jurisdiction | England & Wales |
| Date | 1977 |
| Year | 1977 |
| Court | Chancery Division |
-
- This document is available in original version only for vLex customers
View this document and try vLex for 7 days - TRY VLEX
- This document is available in original version only for vLex customers
13 cases
-
HR Trustees Ltd v Wembley Plc ((in Liquidation)) and Another
...(a) an exercise of their discretion, followed by (b) the exercise of the power. He referred me to Goulding J's decision in In re Locker's Settlement [1977] 1 WLR 1323 and Park J's decision in Breadner v. Granville-Grossman [2001] Ch 523. The power in Locker was as follows: "'… the trustees ......
-
Entrust Pension Ltd v (1) Prospect Hospice Ltd (2) Yvonne Hunter
...distribute. 51. The distinction is explained by Lord Upjohn in In re Gulbenkian's Settlements [1970] AC 508, 525 and illustrated by In re Locker's Settlement [1977] 1 WLR 1323 (a trust power case), and In re Allen-Meyrick's Will Trusts [1966] 1 WLR 499 (a mere power case). 52. Sometimes the......
-
Commissioners of Inland Revenue v Berrill
...All ER 159; Corbett v. Commissioners of Inland Revenue 21 TC 449; [1938] 1 KB 567; Muir v. Muir[1938] AC 468; In re Locker's Settlement [1977] 1 WLR 1323; Pearson and Others v. Commissioners of Inland Revenue CTT (L) 5; [1980] Ch 1; Gartside v. Inland Revenue Commissioners [1968] AC 553. 9.......
-
Commissioners of Inland Revenue v Sir Kenneth Berrill and Gumb (as Trustees of H. E. and M. E. Kent Settlement)
...All ER 159; Corbett v. Commissioners of Inland Revenue 21 TC 449; [1938] 1 KB 567; Muir v. Muir[1938] AC 468; In re Locker's Settlement [1977] 1 WLR 1323; Pearson and Others v. Commissioners of Inland Revenue CTT (L) 5; [1980] Ch 1; Gartside v. Inland Revenue Commissioners [1968] AC 553. 9.......
Request a trial to view additional results
1 firm's commentaries
-
Rights Of A Discretionary Beneficiary And Liabilities Of The Trustee
...appropriateness of each individual disposition (also discussed in Re Manisty's Settlement [1974] 1 Ch 17). In Re Locker's Settlement [1977] 1 WLR 1323, the trustees of an exhaustive discretionary trust had power pay income for charitable purposes or among a class of beneficiaries as it saw ......