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Full-Text Articles in Law
Illegal Agreements And The Lesser Evil Principle, Chunlin Leonhard
Illegal Agreements And The Lesser Evil Principle, Chunlin Leonhard
Catholic University Law Review
When parties enter into an illegal agreement and bring a dispute arising from the transaction before a court, the court finds itself in a difficult position. The court is faced with two competing interests: the importance of both upholding and protecting the dignity of the law and honoring inherent principles of U.S. contract law - freedom of contract and individual autonomy. There exists a common misconception that courts, when presented with illegal contracts, follow the rule of non-enforcement. However, an examination of case law indicates that courts are instead concerned with the consequences of their choices, and have consistently followed …
A Trustee’S Fiduciary Duties At The Start And End Of Administration, Robert Whitman
A Trustee’S Fiduciary Duties At The Start And End Of Administration, Robert Whitman
Catholic University Law Review
Prior to the creation of a trust and at its termination, a trustee’s fiduciary duties are often ambiguous. It is argued that, where fiduciary duties do not exist, contract law may be found to govern the rights of the settlor, the trustee, and the beneficiaries. This article refutes this argument because under the principles of modern contract law, certain conduct may be permitted that would not be acceptable if fiduciary duties existed more clearly. The most common problems arise in three areas: (1) the seeking of a receipt and release by a corporate fiduciary upon an informal termination of a …