Clarke & ors v Shrewsbury and Atcham Constituency Labour Party & ors [2024] WTLR 67

Wills & Trusts Law Reports | Spring 2024 #194

James Morris (the settlor), a Labour Party councillor and businessman, settled two trusts (the trusts). This claim concerned the validity of the trusts, their rectification, a proprietary estoppel claim by a beneficiary, and the consequences of the trusts’ invalidity.

The first trust concerned Morris Hall, Bellstone Court, Bellstone, Shrewsbury (the hall), which Mr Morris transferred to himself and three others to hold pursuant to a declaration of trust dated 5 April 1934 (the hall trust).

Clause 1(g) of the hall trust provided:

‘After making provision fo...

Wang v Darby [2022] WTLR 327

Wills & Trusts Law Reports | Spring 2022 #186

The parties entered into contracts whereby they exchanged specified quantities of cryptocurrencies, namely Tezos and Bitcoin, on terms of reciprocal restoration of the same amounts of each currency upon or after an agreed period of two years. The claimant applied to continue a worldwide freezing order and proprietary injunction. The defendant applied to strike out/enter summary judgment on the proprietary claims.

Held – applications granted in part

  1. 1) Principles:
    1. a) Fungible and non-identifiable digital assets constitute property ...