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Law in 101 words

06 November 2014 / Roderick Ramage
Issue: 7629 / Categories: Features
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Snippets from The Reduced Law Dictionary by Roderick Ramage

Corporations as joint tenants

The QBD decision in Law Guarantee and Trust Society and Hunter v Bank of England (1890) led to the Bodies Corporate (Joint Tenancy) Act 1899. At common law, a corporation aggregate could not be a joint tenant with an individual or another corporation. By this Act a body corporate may acquire and hold real or personal property in joint tenancy as if it were an individual and may be a joint tenant with an individual or another body corporate. On the dissolution of a body corporate, which is joint tenant of any property, the property devolves on the other joint tenant.

Eleemosynary charities

Lilian Armitage left her residuary estate to Norwich and Sheringham Town Councils, to make annual payments to nursing homes for elderly women. In Re Armitage’s Will Trusts (1972), the court held that Norwich Corporation had power to accept the gift but Sheringham Council did not. The latter’s power to accept gifts under the Local Government Act 1933

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Ceri Morgan, knowledge counsel at Herbert Smith Freehills Kramer LLP, analyses the Supreme Court’s landmark decision in Johnson v FirstRand Bank Ltd, which reshapes the law of fiduciary relationships and common law bribery
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Geoff Dover, managing director at Heirloom Fair Legal, sets out a blueprint for ethical litigation funding in the wake of high-profile law firm collapses
James Grice, head of innovation and AI at Lawfront, explores how artificial intelligence is transforming the legal sector
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