Events Tagged: "equity"

14 events with tag "equity"

1380 ID: 2168
Use (trust) device becomes common in England - separating legal and beneficial ownership to avoid feudal incidents and control inheritance
ID: 2168
1403 ID: 2171
Statute of Henry IV recognizes cestui que use - beneficiary of trust can transfer beneficial interest, legitimizing trust mechanism
ID: 2171
1409 ID: 2173
English Chancellor begins systematic equity jurisdiction - developing parallel legal system to correct rigidities of common law
ID: 2173
1420 ID: 2174
Chancellor enforces uses (trusts) in conscience - creating body of trust law outside common law courts
ID: 2174
1485 ID: 2180
Court of Chancery fully established - equity jurisdiction formalized under Chancellor as 'keeper of king's conscience'
ID: 2180
Westminster
1676 ID: 2225
Lord Nottingham begins systematizing equity - transforming Chancellor's conscience into predictable legal rules
ID: 2225
1682 ID: 2229
Lord Nottingham decides Cook v. Fountain - establishing modern trust principles distinguishing legal and equitable ownership
ID: 2229
1718 ID: 2309
English partnership law recognizes implied partnership - acting as partners creates legal partnership even without agreement
ID: 2309
Prouille
1726 ID: 2250
Lord Hardwicke becomes Lord Chancellor - begins 20-year transformation of equity into systematic jurisprudence
ID: 2250
1729 ID: 2251
Lord Hardwicke establishes modern mortgage law - equity of redemption protected, 'once a mortgage always a mortgage'
ID: 2251
1737 ID: 2255
Lord Hardwicke develops doctrine of part performance - oral trusts of land enforceable if relied upon
ID: 2255
1738 ID: 2256
Lord Hardwicke's rule in Gee v. Pritchard - equity acts in personam, foundation of equitable remedies
ID: 2256
1743 ID: 2258
Lord Hardwicke decides Penn v. Lord Baltimore - equity enforces agreements between sovereigns, expanding jurisdiction
ID: 2258
1841 ID: 2339
Story publishes Commentaries on Partnership - first comprehensive American treatise, synthesizes common law and equity
ID: 2339