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On Demand Module l Electronic booklet l PowerPoint Presentation
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A constructive trust is an equitable remedy that prevents the person holding the property from unjustly benefiting from that property. This module will look at the features and types of constructive trusts; the factors that must be established to determine a constructive trust, as well as the potential remedies and outcomes when a constructive trust exists.
By completing this module you will:
Author: Mike Lennard
Published: 29 November 2022
Pages: 19
This paper will put constructive trusts in context, explain the differences between institutional constructive trusts and the still somewhat controversial remedial constructive trusts, and cover the related process of tracing whereby assets to which a trust attaches are identified.
The structure of this paper and the presentation will be:
• A reminder/summary of the features of constructive trusts vis-à-vis other trust categories;
• More detailed description of institutional constructive trusts, remedial constructive trusts and tracing;
• Coverage of the current state of New Zealand law in relation to remedial constructive trusts;
• Some comment on the United Kingdom view of remedial constructive trusts;
• An overview of tracing as a process;
• The development of backward tracing: Federal Republic of Brazil v Durant International Corporation (Privy Council);
• Some recent New Zealand decisions on institutional constructive trusts and backward tracing.
These are the slides included in the presentation.
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