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E-grāmata: Claims to Traceable Proceeds: Law, Equity, and the Control of Assets

(Lecturer in Property Law, King's College London)
  • Formāts: 320 pages
  • Izdošanas datums: 01-Mar-2018
  • Izdevniecība: Oxford University Press
  • Valoda: eng
  • ISBN-13: 9780192542823
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  • Formāts: 320 pages
  • Izdošanas datums: 01-Mar-2018
  • Izdevniecība: Oxford University Press
  • Valoda: eng
  • ISBN-13: 9780192542823
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In this new book Aruna Nair sets out her arguments for a re-evaluation of the law of tracing. In this model the rules of tracing do not merely resolve factual uncertainties but also define the scope of a defendant's substantive legal responsibility to a claimant.

In this new book, Aruna Nair sets out her arguments for a re-evaluation of the law of tracing. A new model of the law of tracing is proposed and the book demonstrates how current problems can be solved using this new model.

The rules of tracing are not shown not to be pure rules of evidence, aimed at resolving factual uncertainties; rather, they are explained as substantive rules of law, delineating the scope of a defendant's legal responsibility to a claimant. The book draws out the practical implications of this theoretical model, showing how a focus on defendant autonomy and claimant vulnerability can both explain the current state of English law and provide a critical perspective on potential future developments.

The first part of the book considers the nature of tracing, providing an overview of the analytical and doctrinal questions raised by the current law, re-framing the dominant 'value' account of tracing, and proposing a new model which can solve problems in the current law. The second part of the book focusses on circumstances in which the tracing remedy is available to a claimant, demonstrating the practical application of such claims to specific problems. Finally, the third part of the book considers how the tracing remedy relates to other private law remedies, and the role it plays within the law of unjust enrichment.

Recenzijas

Both books are interesting, thought provoking and extremely cogently argued. They are welcome additions to the stellar Oxford University press tracing collection. * Andreas Televantos, The Cambridge Law Journal [ Reviewed with The Law of Tracing in Commercial Transactions by Magda Raczynska] * Nair updates the field by organizing tracing around the central idea of substitution, focusing her theoretical inquiry first on what substitution actually is, and then more practically proving why it has taken place in the context of claims to traceable proceeds. * Jacob J Meagher, Trust & Trustees *

Table of Cases
ix
Table of Legislation
xv
1 The Peculiarities of Tracing
1(30)
1.1 Why is Tracing Necessary?
2(12)
1.2 What Does Tracing Require?
14(10)
1.3 What is a Substitution?
24(6)
1.4 Conclusions
30(1)
2 Value and Other Metaphors: Tracing, Claiming, and Following
31(52)
2.1 The Value Model of Tracing and its Roots in the Case Law
33(27)
2.2 Value as a Fact: Problems with the Evidential Model
60(10)
2.3 Value as a Legal Construct
70(12)
2.4 Conclusions
82(1)
3 The Principles of Tracing
83(54)
3.1 The Invention of Tracing
85(4)
3.2 Kirk v Webb: Tracing into Land and `Money Has No Earmark'
89(11)
3.3 Taylor v Plumer: Intention, Authority, and `Money Has No Earmark'
100(33)
3.4 Justifying the Principles of Tracing
133(2)
3.5 Conclusion: Defining an Unauthorized Substitution
135(2)
4 Rules of Tracing I: Against a Wrongdoer
137(24)
4.1 Lack of Evidence of Transactional History
138(7)
4.2 Tracing Through Clean Substitutions
145(9)
4.3 Mixed Substitutions and Cherry-Picking
154(7)
5 Rules of Tracing II: Innocent Co-Contributors
161(5)
5.1 Bank Accounts: The Residual Role of the `First In, First Out' Rule
161(3)
5.2 Other Mixed Substitutions: Proportionate Shares or the Rolling Charge
164(1)
5.3 Requirement of a Defined Mixed Fund
165(1)
6 Property Rights, Fiduciary Duties, and the Control of Assets
166(35)
6.1 The Language of the Cases: Trustees, Fiduciaries, and Owners
167(5)
6.2 Difficulties with the Fiduciary Duty Analysis
172(1)
6.3 Difficulties with the Proprietary Base Analysis
173(7)
6.4 Control of Assets and Other Power-Liability Relations
180(19)
6.5 Conclusions: Identifying a Relationship of Control of Assets
199(2)
7 Control of Assets in Equity
201(10)
7.1 The Nature of Equitable Powers
201(4)
7.2 Control of Assets in Equity: Power to Deal With the Asset, Not the Interest
205(3)
7.3 Vendor--Purchaser `Constructive Trusts'
208(1)
7.4 Recipients of Misdirected Assets
209(1)
7.5 Recipients Under Rescinded Transactions
210(1)
8 Control of Assets at Law
211(16)
8.1 The Nature of Common Law Powers
213(3)
8.2 Money
216(1)
8.3 Hard Cases
217(8)
8.4 No Special Rules of Common Law Tracing
225(1)
8.5 No Common Law Titles to Substitute Assets
226(1)
Index 227
Aruna Nair is a Lecturer in Property Law at King's College London