Snell's Equity provides in-depth commentary and analysis of the law of equity and offers interpretation of how the different rules can be applied to property (trusts, assets, securities). It is the most comprehensive book on this subject and is frequently cited in court.
Snell’s Equity:
- Examines the nature and maxims of equity.
- Wide coverage from historical tradition to modern developments
- Interprets the principles and their application in different modern situations
- Considers all new legislative and case developments
- Covers the three main substantive fields of equity jurisdiction: trusts, the administration of assets and securities, particularly mortgages.
- Takes into account the growing application of trusts and fiduciary obligations in commercial contexts
- Clear narrative with logical progression of principles and definitions to application in practice and remedies.
What’s new to this supplement:
Chapter 27 on the Appointment, Retirement and Removal of Trustees has been re-written to take account of recent developments.
The part of chapter 19 on Receivership by way of Equitable Execution has been re-written to take account of recent developments.
The Court of Appeal’s major decision on breach of confidence in Racing Partnershop Ltd v Sports Information Services [2020] EWCA Civ 1300 is dealt with in chapter 9.
Chapter 5 on the maxims of equity deals with the Supreme Court’s decision in Lehtimaki v Cooper [2020] UKSC 33 and the High Court of Australia’s decision in Smethurst v Commissioner of Police, both on the maxim that equity will not suffer a wrong to be without a remedy.
Lehtimaki v Cooper [2020] UKSC 33 is also dealt with in chapter 10 in connection with the control of fiduciary powers, as is an important case from Bermuda, Grand View Private Trust Co Ltd v Wong [2020] CA (Bda) 6 Civ.
Lehtimaki v Cooper [2020] UKSC 33 is also considered in chapter 7 on Fiduciaries.
Chapter 7 also contains further discussion of the principles governing the identification and quantification of the profits for which a fiduciary may be accountable following the decision of the Court of Appeal in Keystone Healthcare Ltd v Parr [2019] 4 WLR 99 CA.
In relation to rescission (chapter 15), the Court of Appeal’s major decision on economic duress in Times Travel (UK) Ltd v Pakistan International Airlines Corp [2020] Ch 98 (CA).
AA v Persons Unknown [2020] 4 WLR 35, which confirms that proprietary injunctions are available in respect of cryptocurrencies, is covered in chapter 18 on injunctions.
Chapter 20 on Personal Monetary Claims deals with Auden McKenzie (Pharma Division) Ltd v Patel [2020] BCC 316 CA, an important decision of the Court of Appeal concerning equitable compensation in the context of company payments.
Also, in chapter 20 the section dealing with damages under Lord Cairns’ Act is substantially re-written following the decision of the Supreme Court in Morris-Garner v One Step (Support) Ltd [2019] AC 367.
The section in chapter 30 (Breach of Trust) dealing with interest in equity is substantially re-written following the decision of the Court of Appeal in Watson v Kea Investments [2019] 4 WLR 145. That chapter also covers the substantial restatement of the law relating to dishonest assistance in Group Seven Ltd v Nasir [2020] Ch 129 CA
