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Level 7 Diploma in International Business Law

Conceptual Separation of Trust Law from Contract Law

IBL702 · Commercial Trust Law — Week 5 of 16

CourseIBL702
Week5 of 16
SemesterI
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This week’s topics

Conceptual Separation of Trust Law from Contract Law

  1. Distinct nature of proprietary trust claims versus personal contractual rights
  2. Circumventing privity of contract through trusts
  3. Unilateral declarations without mutual consideration
  4. Institutional autonomy of equity
  5. Chapter 6 - Privity of Contract - Contract Law

What you will be able to do

  • 2.2 Evaluate the interactions between contract law and trusts law.
  • 2.3 Explain how trusts are not bound up with contract.

Activity

Start with this week’s video, then: Seminar, guided reading and a short written task: evaluate the interactions between contract law and trusts law.

Study materials

Videos

  • Chapter 6 - Privity of Contract - Contract Law · YouTube · SQE1window · 12 min · for registered students

Further resources

  • Contracts (Rights of Third Parties) Act 1999 · Reading · legislation.gov.uk, legislation · for registered students
  • Hague Convention of 1 July 1985 on the Law Applicable to Trusts and on their Recognition · Reading · Hcch, legislation · for registered students
  • Recognition of Trusts Act 1987 · Reading · legislation.gov.uk, legislation · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Foundations and Functions of Commercial Trusts
  • Week 2: Creation and Mechanics of Express Commercial Trusts
  • Week 3: Equitable Rights and Obligations of Parties
  • Week 4: The Interplay of Contract, Equity, and Trust Law
  • Week 5: Conceptual Separation of Trust Law from Contract Law
  • Week 6: Comparative Trustee Powers: Commercial versus Family Settin…
  • Week 7: Fiduciary Duties and Governance Across Trust Frameworks
  • Midterm: Midterm evaluation
  • Week 9: Trustee Liability and Risk Mitigation
  • Week 10: Trust Creditors and Asset Recovery
  • Week 11: Cross-Border and Comparative Creditor Protection
  • Week 12: Applying Commercial Trust Law in practice: case studies
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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