Case 1 (Providian Trust) / Analysis write-up/discussion questions. (1) What key issues and challenges led to the initiation of the Access Plus project? Please think about the external vs. internal and business vs. technological aspects of the issues and challenges. From an internal point of view‚ Providian Trust board members felt that the trust’s information system was outdated and therefore the day-to-day activities‚ which could be done more efficiently with a new software and process‚ were
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Project Background Providian trust head quartered in New York‚ delivered financial and fiduciary services through a network of 216 branches. In 1994‚ this company managed $49.4 billion in trust asset with a staff of 840 full time employees. Sixty percent of company’s fee income and 9% of gross earnings generated by its fiduciary business that year. Though they had a huge team working on the front and back office handling and record keeping and settling activities‚ there was always a chance for
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current college‚ I was wondering: where are my memories?2. Lack of sleep. This is really true. When people keep looking at you shining glamorous as the “16A1″‚ you yourself know the best that it was paid with real hard works. Unless you are a genius‚ a good result has to be achieved through hard work; it’s the absolute. During the SPM I had a serious sleep deprivation and I forced myself to revise my works starting from 3 a.m. I have an average 3 hours of tuition per day‚ and subtracting my school time
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The Speed of Trust In Stephen M. R. Covey’s The Speed of Trust: The One Thing That Changes Everything‚ he gives some great tips on how to gain‚ keep‚ and rebuild the trust of others‚ whether they be coworkers‚ family members‚ customers‚ or complete strangers. He emphasizes the importance of trust in every relationship‚ purporting that relationships are built on and sustained by trust. And even the best relationships can be broken and destroyed by lack of trust. Without trust‚ actions are misinterpreted
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direction of courts when imposing a constructive trust upon a trustee de son tort. Constructive Trustee Constructive trusts are not confined to one definition. They are comprised of all trusts recognized and enforced by the courts that either resulting or express trusts. Express trusts are trusts are a design of the real intention of the parties however constructive trusts are ‘invitum’ (against the will or consent of the party) Constructive trusts are usually the result of gross violation of a
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Climate of trust is important because it determines appropriateness‚ effectiveness or likely consequences of behavior. A climate of trust also influences our interpretations of others behaviors as well as our expectations. It is one of the most important tasks groups must accomplish. Trust among people is essential for groups to work effectively. Very little is accomplished in a group without trust until the individuals learn to trust one another (“Climate and conflict”). Without trust subordinates
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We as God’s servants‚ ask the Lord everyday for good examination results‚ a promotion from your grouchy boss‚ a wife that you can cherish and vice versa‚ a child‚ a piece of chocolate‚ and all kinds of random things that just suddenly pop into your head. We ask God for many things that we ourselves cannot achieve but God helps us relive our dreams and resurrect our hopes. But just how are we able to achieve it if there is no mutual trust between you and the Lord? Sometimes we just take things for
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Disposal of property on death – Secret Trusts Definition: An owner of property dies‚ that property passes to those entitled under the law of succession. 2 main methods: 1) Through a valid will 2) Intestacy rules Will – series of specific bequests or legacies of specific assets to specific individuals who will receive the assets not disposed off. If no residue clause then the rules of intestacy operate. Requirements of a valid Will 1) Capacity 2) Age 3) Mental Capacity 4) Intention
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Bibliography: Books 1. Maxims in Law and Equity: Comprising Noy ’s Maxims‚ Francis ’s 2. The Principles of Equity and Trusts‚ Graham Virgo 3. Equity and trusts ‚ Alastair Hudson Web pages 1. http://www.slideshare.net/AhmadFarouqAmir/maxims-of-equity-12621279 2. http://en.wikipedia.org/wiki/Maxims_of_equity 3. http://notes-law.blogspot.com/2008/08/maxims-of-equity.html
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there are two issues in this appeal. The first is concerned with the nature of the so-called “Quistclose trust” and the requirements for its creation. The second arises only if the first is answered adversely to the appellant. It is whether his conduct renders him liable for having assisted in a breach of trust.” Lord Millett in Twinsectra Ltd v Yardley and Others [2002] 2 AC 164 at paragraph 52. Critically
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