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CPD Course:
Update on Equity and Trusts:
Trusts, Companies,
Divorce and Death

Presented by
Prof. Steven Gallagher,
Associate Professor of Practice in Law,
Associate Dean (Teaching & Learning),
The Faculty of Law,
The Chinese University of Hong Kong

Update on Equity and Trusts: Trusts, Companies, Divorce and Death
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Code: EVT000000291 Level: Intermediate
Date: 18 October 2019 (Friday) Language: English
Time: 14:30 - 17:45
(Reception starts at 14:00)
Accreditation(s): LSHK 3.0 CPD Points
Venue: Request for Rerun:
Please Contact Us for Details
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Presenter's Profile:
Prof. Steven Gallagher

Steven Gallagher was awarded a first class LL.B.  He was called to the Bar of England and Wales in 2006.  Steven has taught Equity and Trusts, Land Law and Company Law to undergraduates and International Corporate Liquidation and International Corporate Governance to postgraduates in England and Hong Kong.  Steven teaches the Equity and Trusts courses for undergraduate students, the Principles of Equity and Trusts course on the Juris Doctor course and, in 2013, introduced the Principles of Cultural Heritage Law course to the LLM programme at the Chinese University of Hong Kong.  Steven has presented continuing professional development courses for solicitors in Hong Kong on many topics associated with equity.  Steven’s research interests include equity and the law of trusts, cultural heritage law and legal history.

Course Outline:

This 3-hour seminar will provide an update on important cases from Hong Kong and England which have involved the following: the availability of assets of trusts and companies to settle ancillary relief and other creditor actions after Prest v Petrodel Resources Limited [2013] UKSC 34 and Kan Lai Kwan v Poon Lok To Otto & HSBC International Trustee Limited [2014] HKEC 1174; illusory and sham trusts after the English High Court decision in JSC Mezhdunarodniy Promyshlenniy Bank and another v Pugachev (Pugachev v. Pugachev) [2017] EWHC 2426 (Ch); the (possible) resurrection of the presumption of resulting trust by the Privy Council in Marr v Collie (Bahamas) [2017] UKPC 17; and, joint ownership of bank accounts after Whitlock v Moree (Bahamas) [2017] UKPC 44.

Topics considered include:

  • Companies, Divorce and Trusts: Prest v Petrodel Resources Limited
  • Trusts, Companies and Divorce: Kan Lai Kwan v Poon Lok To Otto
  • Illusory trusts and Sham trusts: MezhProm Bank v Pugachev
  • Trusts and Friendship: Marr v Collie (Bahamas)
  • Trusts and Death: Money in Bank Accounts: Whitlock v Moree (Bahamas)

This course is provided by:  Kornerstone Limited
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