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Company Directors: Duties, Liabilities and Remedies

Edited by: Mark Arnold KC, Simon Mortimore KC
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The Modern Cy-près Doctrine: Applications and Implications


ISBN13: 9781844720866
ISBN: 1844720861
Published: July 2006
Publisher: Routledge-Cavendish
Country of Publication: UK
Format: Hardback
Price: £120.00
Paperback edition , ISBN13 9781138976283



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It is unusual, in the precise world of law, to find instances of where ‘near enough is good enough’. This book explores when this is possible, referring to property and monetary transfers, under the increasingly important and influential ‘cy-près doctrine’.

The doctrine decrees that, when literal compliance is impossible or infeasible, the intention of a donor or testator should be carried out ‘as nearly as possible’. Over the past thirty years, this doctrine has marched into other legal territory where ‘as near as possible’ is also considered sufficient, such as in class actions litigation and under non-charitable trusts.

Discussing and analyzing key developments across the Commonwealth jurisdictions and the USA, this book considers whether there is a new and overarching definition which can be attributed to the cy-près doctrine. It asks whether there is a doctrinal symmetry of analysis that truly renders it a body of ‘cy-près law’ in the modern context and whether the doctrine can be expected to play an even greater role in the future.

Subjects:
Charities
Contents:
Introduction.
The Cy-Près Doctrine in the Context of Trusts.
Charitable Trusts: Cy-Près Delineation.
Charitable Trusts: General Cy-Près.
Charitable Trusts: Statutory Cy-Près.
Charitable Public Appeal Funds.
Non-Charitable Trusts.
The Cy-Près Doctrine in the Context of Litigious Remedies.
Class Actions Cy-Près: An Introduction.
Class Actions Cy-Près: Principles.
Cy-Près Specific Performance.
Cy-Près: More than a Doctrine?