Creature of equity: Difference between revisions

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Not to be compared with a creature of ''Equity'', such as a pantomime dromedary (provided it is staffed with unionised actors).
{{a|trust|
{{image|Kraken|jpg|A [[creature of equity]], yesterday.}}
{{image|Pantomime dromedary|jpg|A [[creature of Equity]], yesterday.}}
}}A kind of fantastical intellectual artifice that, [[from time to time]], the [[courts of chancery]] imaginatively deploys in the salvation of one of those [[little old ladies]] who populate their reports. For example, [[estoppel]] or a [[constructive trust]]. Seen from the perspective of a mercenary Ahab type who would do ill to such a kindly old chairwoman, or [[Welsh hotelier]], [[creatures of equity]] can seem rather ferocious in their bearing.


{{Seealso}}
Not to be confused with a [[Creature of Equity|creature of ''Equity'']], such as a [[pantomime dromedary]] staffed with unionised actors, however similarly restorative such a sight might be, to such a [[little old lady]]. Or for that matter “[[legal personality]]”, as found in a [[corporation]].
 
{{sa}}
*[[Corporate veil]]
*[[Anus matronae parvae malas leges faciunt]], aka ''[[little old ladies make bad law]]''
*[[charge]]
*[[charge]]
*[[floating charge]]
*[[floating charge]]

Latest revision as of 14:01, 16 October 2023

Trusts, fiduciaries and matters of equity
When the common law goes a bit runny at the edges™


Kraken.jpg
A creature of equity, yesterday.
Pantomime dromedary.jpg
A creature of Equity, yesterday.


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A kind of fantastical intellectual artifice that, from time to time, the courts of chancery imaginatively deploys in the salvation of one of those little old ladies who populate their reports. For example, estoppel or a constructive trust. Seen from the perspective of a mercenary Ahab type who would do ill to such a kindly old chairwoman, or Welsh hotelier, creatures of equity can seem rather ferocious in their bearing.

Not to be confused with a creature of Equity, such as a pantomime dromedary staffed with unionised actors, however similarly restorative such a sight might be, to such a little old lady. Or for that matter “legal personality”, as found in a corporation.

See also