Re Speight. Speight v Gaunt

JurisdictionEngland & Wales
Date1882
Year1882
CourtHouse of Lords
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38 cases
  • Re Hollis, deceased; Hollis v Hollis
    • Bermuda
    • Supreme Court (Bermuda)
    • 27 Mayo 2011
    ... ... : In re Lucking's Will TrustWLR [1968] 1 WLR 866 Speight v GrantELR (1883) 22 ChD 727 Regal (Hastings) Ltd v GulliverELR ... ...
  • Daniel v Tee
    • United Kingdom
    • Chancery Division
    • 1 Julio 2016
    ...the following: "… "A trustee must not choose investments other than those which the terms of his trust permit": Speight v Gaunt (1883) 9 App Cas 1, 19 , per Lord Blackburn. So confined, the trustee must also "avoid all investments of that class which are attended with hazard":Learoyd v Wh......
  • Pitt and another v Holt and another; Futter and another v Futter and Others
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 9 Marzo 2011
    ...1 of the Trustee Act 2000. This puts into statutory form (in relation to specific functions of the trustees) the duty recognised in Speight v Gaunt (1883) 22 Ch D 727 and (1883) 9 App Cas 1, which continues to apply to cases where the statutory duty does 108 To consider the point from anoth......
  • Nestle v National Westminster Bank Plc
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 6 Mayo 1992
    ...future": ibid per Cotton L.J. at page 350. "A trustee must not choose investments other than those which the terms of his trust permit": Speight v. Gaunt (1883) IX App.Cas.1 per Lord Blackburn at page 19. So confined, the trustee must also "avoid all investments of that class that are atten......
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2 firm's commentaries
  • Does the care, skill and diligence covenant in Stronger Super heighten existing requirements?
    • Australia
    • Mondaq Australia
    • 30 Junio 2012
    ...care as an ordinary, prudent business person would exercise in conducting that business as if it were his or her own: Speight v Gaunt (1883) 9 App Cas 1; Learoyd v Whiteley (1887) 12 App Cas 727; Knox v Mackinnon (1888) 13 App Cas 753. There is an equally well-accepted gloss on (or adjunct ......
  • Chambers And Partners: Private Wealth Guide 2017
    • Cayman Islands
    • Mondaq Cayman Islands
    • 19 Septiembre 2017
    ...such care as an ordinary prudent and vigilant person of business would take in the management of their own affairs, Speight v Gaunt (1883) 9 App Cas 1 and in the investment of trust assets, for example, a lay trustee was bound to act as an 'ordinary prudent man of business' when investing f......

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