This is the first book to provide a thorough and detailed analysis of the unit trust. It begins with an evolutionary history tracing the unit trust as a sub-set of the trust and the company. The author goes on to examine such topics as the nature of the unit trust, the interaction of unit holders, the manager's legal position, and the trustee/manager relationship.
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Editorial Reviews
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This is a work of enormous scholarship./ ... a steady grasp of legal principle prevents the reader from losing her way in this dense subject matter./ ... this book is a major contribution to scholarship, which will also assist practitioners./ ... the research and analysis it records is a rich source of new ideas. It will undoubtedly provide the basis for much future work .../ Dr. Joanna Benjamin, King's College London, Trust Law International, Vol. 12, No. 4, 1998.
'In a world awash with legal publications, "The Legal Nature of the Unit Trust" is a much needed an comprehensive examination of a topic that has largely been neglected by legal commentators...The author's in-depth exploration of the relationship between trust and contract as principal elements in the unit trust is not only instructive but also timely and appropriate..."The Legal Nature of the Unit Trust is a valuable contribution to our understanding of the law relating to unit trusts. It not only draws on the lessons of history and exhibits analytical skills of a high order, but also draws attention to and discusses, where appropriate, the authorities in a number of jurisdictions.'
'In a world awash with legal publications, "The Legal Nature of the Unit Trust" is a much needed an comprehensive examination of a topic that has largely been neglected by legal commentators...The author's in-depth exploration of the relationship between trust and contract as principal elements in the unit trust is not only instructive but also timely and appropriate..."The Legal Nature of the Unit Trust is a valuable contribution to our understanding of the law relating to unit trusts. It not only draws on the lessons of history and exhibits analytical skills of a high order, but also draws attention to and discusses, where appropriate, the authorities in a number of jurisdictions.'
About the Author
Dr Kam Fan Sin has been a lecturer in law at the University of New South Wales since 1994. He has previously published Building Project Finance in Hong Kong: Law and Practice with Butterworths (Asia) in 1987.
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