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Trusts & Trustees Advance Access published online on December 4, 2007
Trusts & Trustees, doi:10.1093/tandt/ttm113
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© The Author (2007). Published by Oxford University Press. All rights reserved.

No Quistclose trust in investment scheme

John Goldsworth

The first 10% of the full text of this article appears below.

A company, TVL invited investors to invest in a scheme whereby TVL would buy properties on their behalf. Some investors were told they had shares in specific properties and others were not. There was nothing to limit the number of shares TVL would sell and the calculation of profits was entirely at their discretion. . . . [Full Text of this Article]


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