Pearce & Stevens' Trusts and Equitable Obligations

Seventh Edition

Robert Pearce and Warren Barr

Provides detailed analysis of all key decisions, statutes, and current academic debates related to the law of equity and trusts, giving students a thorough grounding in the subject
A lively and clear writing style helps students engage with this often complex subject area, while the extensive use of diagrams and figures help to illustrate key concepts
Includes comprehensive online resources for both students (flashcard glossary) as well as lecturers (test bank and PowerPoint slides)

New to this Edition:

Radically restructured and revised to improve the flow of the topics and remove duplication
Additional chapter on the three certainties brings this subject together coherently, clarifying the discussion of the consequences of uncertainty
Many chapters significantly revised, such as Chapter 3 on Equity and the management of property
New examples added throughout to put the law into context
Section headings have been reordered and simplified to make the text easier to follow
Fully up to date with recent cases and developments in the area, including Marr v Collie [2017] on resulting and constructive trusts, Patel v Mirza [2016] on illegality, Prest v Petrodel [2013] on resulting trusts and equitable proprietary remedies, and the Law Commission's consultation on the making of wills

Pearce & Stevens' Trusts and Equitable Obligations

Seventh Edition

Robert Pearce and Warren Barr

Description

Written in a fresh and lively style and supported by a strong analytical framework, the seventh edition of Pearce & Stevens' Trusts and Equitable Obligations continues to provide students with a relevant and exciting examination of a subject that can seem remote and difficult.

The authors take a modern and conceptual approach to the wide array of topics covered in undergraduate equity and trusts modules, helping students explore the many ways in which trusts impact on everyday life, and in the world of finance and commerce. The text is accessible without compromising detailed critical comment, and engages with key issues such as the protection of privacy, enforcing informal promises, trusts and the family home, and challenges affecting the charity sector.
Online resources:
The text is accompanied by online resources containing a glossary of terms for students. For lecturers the site provides a test bank of multiple choice questions and PowerPoint slides to use in teaching.

Pearce & Stevens' Trusts and Equitable Obligations

Seventh Edition

Robert Pearce and Warren Barr

Part I: The Importance of Equity
1:What is equity?
2:Equitable obligations
3:Equity and the management of property
Part II: Creating the Relationship
4:Certainty
5:Constitution of trusts
6:Formalities
7:Policy limits
Part III: Resulting and Constructive Trusts
8:Resulting trusts
9:Constructive trusts
Part IV: Equity in Action
10:Interests in the family home
11:Evolution of rights in the family home
12:Proprietary estoppel
13:Clubs and societies
14:Wills and inheritance
Part V: Charities
15:The role and status of charities
16:Charitable trusts
17:Cy-pres: redistributing funds and changing purposes
18:Control and Regulation of charities
Part VI: Allocation of Benefit
19:Choosing who benefits
20:Fixed trusts
21:Powers of appointment
22:Discretionary trusts
23:Powers of advancement and maintenance
24:Variation of beneficial trusts
Part VII: Managing Trusts
25:Management and delegation
26:Investment
27:Changing the trustees
Part VIII: Checks, Controls, and Remedies
28:Control and accountability
29:Remedies against the trustee for breach of trust
30:Fiduciary duties
31:Remedies against strangers to the trust
32:Tracing
Part IX: Equity's Contribution to Remedies
33:Rescission, rectification and account
34:Specific performance
35:Injunctions

Pearce & Stevens' Trusts and Equitable Obligations

Seventh Edition

Robert Pearce and Warren Barr

Author Information

Robert Pearce, Formerly Vice-Chancellor of the University of Wales, Lampeter and Professor of the Law of Property and Equity, University of Buckingham, and Warren Barr, Head of Department and Professor in Law, University of Liverpool

Robert Pearce is Professor Emeritus of the University of Buckingham, and of the University of Wales Trinity Saint David. He is former Vice-Chancellor of the University of Wales, Lampeter, sometime Professor of the Law of Property and Equity at the University of Buckingham, and has held academic appointments at the University of Newcastle upon Tyne, the University of Lancaster, University College Cork, and the University of Western Ontario. He is Visiting Professor at the University of Gloucestershire.

Warren Barr is Professor in Law and Head of Department (Liverpool Law School), School of Law and Social Justice, the University of Liverpool. He is a current member, and ex-Director, of the Charity Law and Policy Unit, Liverpool Law School. He is also Principal Fellow of the Higher Education Academy, and was named Law Teacher of the Year 2006.

Pearce & Stevens' Trusts and Equitable Obligations

Seventh Edition

Robert Pearce and Warren Barr

Reviews and Awards

"Review from previous edition One of the best texts on the market...both accessible and stimulating, with a very good balance of practical illustration and academic rigour. " - Dr Isobel Roele, Queen Mary University of London

"Review from previous edition This textbook is well written and easy to follow, with comprehensive coverage and good examples to aid students' understanding. " - Dr Margaret Carran, Senior Lecturer in Law and Deputy Associate Dean (Education), City, University of London