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International Recognition And Adaptation Of Trusts: The Influence Of The Hague Convention, Adair Dyere
International Recognition And Adaptation Of Trusts: The Influence Of The Hague Convention, Adair Dyere
Vanderbilt Journal of Transnational Law
The process of bringing English-style trusts into systems that do not have a similar device is fraught with difficulties. This is especially true with respect to efforts directed towards the creation of a domestic trust law within such a system, but it is also true about the adaptation of legal institutions that is necessary in order to recognize trusts created under foreign law, in accordance with Article 11 of the Hague Trusts Convention. Thus far, it can be said that no country that did not have trusts before the Hague Trusts Convention has reacted to the Convention by adopting a …