header-logo header-logo

27 September 2018 / Steve Evans
Issue: 7810 / Categories: Features
printer mail-detail

Why context is king in trust deeds

Steve Evans considers the impact of Millar v Millar when interpreting trust deeds

  • Asserts that context is the driver for construction, in trust deeds as in commercial contracts. Looks at Millar v Millar.

There used to be an orthodox, if somewhat arbitrary approach in matters of construction where there were apparent contradictory words in wills or deeds. The position was that if the contradictory words appeared in a will, the later words prevailed, whereas if the contradictory clauses existed in a deed, the earlier words or clauses prevailed. It seems clear that formal and literalist rules or presumptions of construction have little part now to play in the twenty-first century judicial approach, and the recent case of Millar v Millar [2018] EWHC 1926 (Ch) continues to assert that context is key in approaching construction and rectification of trust deeds. This continues, confirms and applies the judicial discretion already seen to correct errors firstly in commercial contracts and then in wills.

Errors & intentions

The Administration of Justice Act 1982, ss 20

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

NEWS
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
back-to-top-scroll