A legal title1 to securities acquired in perfection of an equitable title when the equitable title has been obtained without notice of prior equities will oust those equities, even though its holder acquired the legal title with notice of the prior equities2. If, however, an equitable title is acquired with notice of prior equities, the subsequent getting in of the legal title does not assist the holder and he takes subject to the prior equities3. Notice of prior equities is imputed where the circumstances are such as to make it reasonable that inquiry should be made as to the
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This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an arrangement constitutes a contract of insurance and the possible consequences of carrying on activities relating to a contract of insurance without the requisite regulatory permissionsThe
Overlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover, whether deliberately or otherwise.Examples include the situation where the insured takes the benefit of other insurance arranged by another party or where, in the commercial world, risk
Case number [insert number][In the principal registryORIn the [insert court location] FAMILY court]Sitting at [insert place]Notice of actingBetween[insert petitioner name]Petitionerand[insert respondent name]RespondentTake notice that we [insert name of firm] have been appointed to act as the
Deceit—what is it?A deceit occurs when a misrepresentation is made with the express intention of defrauding a party, subsequently causing loss to that party.The elements of a claim in deceit are:•a clear false representation of fact or law•fraud by the maker, in the sense that they knew that the
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