请输入您要查询的单词:

 

单词 sham trust
释义

sham trust
A trust that is created for the purpose of safeguarding property from one’s creditors in the event of bankruptcy or insolvency. In such a case the requisite intention to create a trust is not present if it is clear that its existence is meant only as an “insurance” and it will be considered a sham (Midland Bank v Wyatt [1995] 1 FLR 696). See also illusory trust.

随便看

 

法律词典收录了4854条英汉双解法律词条,基本涵盖了常用法律英语单词及短语词组的翻译及用法,是法律学习的有利工具。

 

Copyright © 2000-2023 Newdu.com.com All Rights Reserved
更新时间:2025/5/29 16:07:03