If a general power is in other respects validly created within the limits allowed by the rule against perpetuities, it is no objection to its validity that the objects of the power may not be ascertained within the perpetuity period, as the donee is in effect in the position of an absolute owner1. Thus a power in a single2 donee to appoint to any person, including himself, without the consent3 of any other person is treated as equivalent to an absolute vested interest in the subject matter to which the power applies, the perpetuity period in relation to the
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Dividends involve a distribution of cash or a distribution of non-cash assets (known as a distribution in kind or a distribution in specie).A scrip dividend (in a tax context, sometimes referred to as a stock dividend) allows a shareholder to receive new shares in a company as an alternative to a
This Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your matter is proceeding, you may also need to be mindful of additional provisions—see further below.Note: this Practice Note does not deal with the
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This Practice Note considers the law governing the procedural law of arbitration proceedings (the curial law or lex arbitri) and how it is determined under the law of England and Wales (England and English are used as convenient shorthand).The procedural law of the arbitral proceedingsThe procedural
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