Queen Mary University of London School of Law LAW OF PROPERTY II EQUITY & TRUSTS Syllabus The nature of equity and the trust Express trusts o Certainty of intention‚ subject matter and objects o The beneficiary principle o The constitution of trusts o The duties of trustees and breach of trust Resulting trusts Quistclose trusts Constructive trusts Trusts of homes Personal liability to account Tracing Lecture - Course Documents 2009-10 1 Queen Mary University of London
Premium Trust law Common law Trustee
Debt policy at UST inc. Case To: UST Board of Directors From: UST Financial analysis team Date: 18 January 2011 Subject: Future debt policy at UST and recapitalization option 1. Analysis of UST business current and future environment UST operates in the smokeless Tobacco industry‚ a market with 2 B$ of revenues‚ which grew at a CAGR of 3.7% over the past 17 years‚ but more recently experienced a decrease in growth rate‚ dropping to 2.9% in 1997 and 1.2% in 1998. In this market‚ UST
Premium Corporate finance Stock Stock market
Jones electrical distribution Case Study (Group 10) Q 1‚ How well is “Jones Electrical Distribution” performing? What must Jones do well to succeed? First Quarter 2004 2005 2006 2007 Sales increase 18% 17% ROE 7.6% 13.6% 12.3% 2.0% Sustainable growth rate 7.6% 13.6% 12.3% 2.0% Profit Margin 0.9% 1.5% 1.34% 0.8% Assets turnover 2.76 2.88 2.86 0.70 financial leverage 3.20 3.12 3.23 3.49 Shareholder’s equity 31% 32% 31% 29% From coverage
Premium Debt Accounts receivable Accounting software
The 2001 documentary Life and Debt examines the impact of IMF and World Bank’s ‘structural adjustment policies’ (also called ‘conditionalities’) on Jamaica. The IMF started lending to Jamaica in 1973‚ after years of extreme poverty were followed by the ‘oil shock’ that created a global economic catastrophe‚ eventually leaving the country about $4.6 million in debt. The loans were front-loaded with conditions‚ requiring Jamaica to “enact major economic reforms‚ including trade liberalization (The
Premium Nutrition Food Fast food
BUSINESS RESEARCH METHODOLOGY BOARD EFFECTIVENESS AND COST OF DEBT by : FARUQ AKURAT 100810251004 ECONOMIC FACULTY JEMBER UNIVERSITY 2011 / 2012 Board Effectiveness and Cost of Debt ABSTRACT Does the board of directors influence cost of debt financing? This study of a sample of Spanish listed companies during the period 2004–2007 provides some evidence about the question. The results suggest that two board attributes – director ownership and board activity – appear to influence
Premium Corporate governance Board of directors Management
Executive Summary As the leading manufacturer in the moist smokeless tobacco industry‚ UST Inc. has long been recognized by its ability to generate high profit using low financial leverage. With a dominant market share of 77%‚ the company maintains a pricing power that allows it to institute annual price increases without losing costumers. However‚ UST’s market share was eroded significantly in recent years by price-value competitors who enter the market with lower prices. Although UST responded
Premium Stock Stock market Debt
: Synthetic/Analytical chemistry. : Molecular oxygen; Oxygen molecule; Pure oxygen; O2; Liquid-oxygen-; UN 1072; UN 1073; Dioxygen; Oxygen USP‚ Aviator’s Breathing Oxygen (ABO) : 001043 : 6/16/2011. MSDS # Date of Preparation/Revision In case of emergency : 1-866-734-3438 Section 2. Hazards identification Physical state Emergency overview : Gas. : DANGER! GAS: OXIDIZER. CONTACT WITH COMBUSTIBLE MATERIAL MAY CAUSE FIRE. CONTENTS UNDER PRESURE. Do not puncture or incinerate
Premium Oxygen Gas
different tools in order to create profit on financial statements when there really was no profit. They had a very structured financing through many financial intermediaries. J.P Morgan Chase was a big dealer in this huge web that spiraled Enron into debt. Special purpose entities started to emerge. These were used in order to hedge risk for companies and create profit when there was none. Enron created hundreds of
Premium Enron Kenneth Lay
the most stressful and time consuming jobs any person can have. Getting good grades‚ being in clubs‚ and working a job all at the same time can leave your schedule fully booked and can have many people overwhelmed. On top of all that‚ student loan debt can follow you throughout your entire life and can impact future career options. After just one semester I can tell anyone that college is not only a full time job but it may just be the most important jobs you can have in your entire life. I believe
Premium High school College University
Introduction Employee assistance programs are often described as a benefit program that is offered by employers. Employee assistance programs most often referred to as EAPs are intended to help employees deal with personal and professional problems that might adversely impact their work performance‚ health‚ and well-being. (Mannion‚ 2004). The following will describe the history of EAPs‚ the main purpose‚ different types of services offered‚ as well as and how fundamental these programs are in order
Premium Employment