law club lecture notes draft 1法律草案1俱乐部的讲义

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1、LondonLawClub:24November2010SarahWorthington©DRAFTONLYPleasedonotcitewithoutpermission.Theargumentssurroundingtheanti-deprivationruleTheanti-deprivationruleTheanti-deprivationrulebroadlyassertsthat‘therecannotbeavalidcontractthataman’spropertyshallremainhisuntilhisbankruptcy,andontheh

2、appeningofthateventshallgoovertosomeoneelse,andbetakenawayfromhiscreditors.’ExpJay(1880)14ChD19,26(CottonLJ),citedbyLordNeubergerinPerpetualTrusteeCoLtdvBNYCorporateTrusteeServicesLtd[2009]EWCACiv1160,[2010]Ch347(CA)(‘PerpetualTrustee(CA)’),para.1.Thisissubjecttothestatutoryrulesonpro

3、tectivetrusts:TrusteeAct1925s33.ThecasesprimarilyreliedoninPerpetualTrustee(CA)wereWhitmorevMason(1861)2J&H204(‘Whitmore’);ExparteMackay,reJeavons(1873)LR8ChApp643(‘Mackay’);ExparteJay,reHarrison(1879)14ChD19(‘Jay’);ExparteNewitt,reGarrud(1880)16ChD522(‘Newitt’);InreDetmold(1889)40ChD

4、585(‘Detmold’);Borland’sTrusteevSteelBros&CoLtd[1901]1Ch279(‘Borland’);BritishEagleInternationalAirlinesLtdvCompagnieNationaleAirFrance[1975]1WLR758(HL)(‘BritishEagle’);CarrerasRothmansLtdvFreemanMathewsTreasureLtd[1985]Ch207(ChD)(‘Carreras’);MoneyMarketsInternationalStockbrokersLtd(i

5、nliq)vLondonSockExchange[2002]1WLR1150(NeubergerJ)(‘MoneyMarkets’);FraservOystertecplc[2003]EWHC2787(Ch)(‘Oystertec’);andInternationalAirTransportAssociationvAnsettAustraliaHoldingsLtd[2008]HCA3(AustHCt)(‘Ansett’).Acontractualarrangementwhichinfringestheruleisvoid.Avoidanceensuresthat

6、theliquidatorwillhavemoreassetsfordistributiontotheunsecuredcreditorsthanwouldhavebeenavailableiftheagreementhadtakeneffectaccordingtoitsterms.ThetwomostcommonillustrationsoftheoperationoftheruleareExparteMackay,reJeavons(1873)LR8ChApp643(‘Mackay’);andBritishEagleInternationalAirlines

7、LtdvCompagnieNationaleAirFrance[1975]1WLR758(HL)(‘BritishEagle’);Conversely,iftheruleisnotinfringed,theparties’agreementtakeseffect,andcertaincreditorsare,legitimately,advantagedinthewayintendedbythecontractualarrangement.EgPerpetualTrustee(CA),n.1above.Therulehasbeenappliedbycourtssi

8、nceat