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"Further to our letter of September 7 last, we write to inform you that in accordance with the advice tendered by counsel to Vandervell Trustees Ltd., the latter have exercised the option granted to them by the Royal College of Surgeons of December 1, 1958, and procured a transfer to them of the shares referred to in the option, with funds held ...
Lord Diplock also summarised the facts as follows.. My Lords, between July and October 1967 the executors of the late Mr. Vandervell were served with notices of assessment to surtax for the years 1962-63, 1963-64 and 1964-65 upon dividends which had been paid to the Vandervell Trustees, Ltd. as trustees of a settlement made by Mr. Vandervell in 1949.
Total settlement: $60 million. Deadline to file claim: May 18, 2023. Requirements: Must have been an unlimited data customer between Oct. 1, 2011 and June 30, 2015.
In Re Vandervell's Trusts (No 2), [3] he divided them into two categories; presumed resulting trusts, which are created by the presumed intention of the transferor of property, and automatic resulting trusts, which arise regardless of the transferor's intention whenever he has failed to dispose of the beneficial interest. [4]
Recently, an $8.85 million settlement was reached in a class action lawsuit filed against Unilever United States, Inc., the owner of Breyers, and Conopco, Inc., the New York-based advertiser ...
Vandervell v Inland Revenue Commissioners [1967] 2 AC 291 is a leading English trusts law case, concerning resulting trusts. It demonstrates that the mere intention to not have a resulting trust (for example, to avoid taxes) does not make it so. This case was the first in a series of decisions involving Tony Vandervell's trusts and his tax ...
Cash App customers may be able to claim more than $2,500 each as part of a $15 million class-action settlement for data and security breaches at the mobile payment service. ... related lawsuit ...
A resulting trust is not imposed by law against the intentions of the trustee (as is a constructive trust) but gives effect to his presumed intention. Megarry J. in In re Vandervell (No 2) suggests that a resulting trust of type (B) does not depend on intention but operates automatically. I am not convinced that this is right.