LW6177E - Commercial Application of Equity and Trusts | ||||||||||
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* The offering term is subject to change without prior notice | ||||||||||
Course Aims | ||||||||||
This course aims to focus on the role of equity and trusts in the context of commercial transactions in common law jurisdiction. It does so by a selective topic where equity and trusts are applied to strengthen the financial instruments (i.e. bond, securitisation), to offer proprietary rights (ownership right than priority) in the event of counterparty's insolvency, and ancillary remedies to the common law claim. With the above in mind, the course also offers a comparative perspective on how equity and trusts address the legal issues that could be borrowed into civil law jurisdiction. This is particularly important for Hong Kong, where its legal system is based on common law, and how the system interacts with the mainland civilian system in a long-term and sustainable way. Therefore, the course will involve identifying the issue arising out of trust concepts and other comparative theories, such as dual patrimony being offered in other civilian jurisdictions. This course aims to
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Assessment (Indicative only, please check the detailed course information) | ||||||||||
Continuous Assessment: 50% | ||||||||||
Examination: 50% | ||||||||||
Examination: Students' ability to apply legal rules and principles to particular sets of hypothetical circumstances will be tested. The use of Generative AI tools is not allowed. Applicable to students admitted before Semester A 2022/23 and in Semester A 2024/25 & thereafter Applicable to students admitted from Semester A 2022/23 to Summer Term 2024 | ||||||||||
Examination Duration: 2 hours | ||||||||||
Detailed Course Information | ||||||||||
LW6177E.pdf |