The insufficiency of good faith; Cayman Islands Supreme Court and 'equitable compensation'; dogs as lives in being; security for, and trustee problems with, costs; Kawaley CJ's continuing contribution to trust jurisprudence; jurisdiction and service issues in offshore trust litigation; nuptial settlements in the Isle of Man; law reform--aren't things bad enough already?

Abstract

Inspired by a thoughtful decision of the Singapore Court of Appeal, last month’s Editorial dwelt on the principle that powers must be exercised intra vires— in single-minded pursuit of the purpose and object of the power, and not ‘excessively’; must not be exercised for an ‘improper purpose’—a purpose extraneous to any reasonable interpretation of the instrument conferring the power; and must be exercised in good faith. Although the latter often is put as the first consideration, it takes its colour from the others. As, in a different context, Bowen LJ held in Hutton v West Cork Railway Co: