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Chinese Trust Law: Registration as the Concept-Substitution and a Work-Out Solution for Investors (Beneficiaries)’

journal contribution
posted on 2017-01-16, 15:46 authored by Mark Hsiao
This article argues against the quest for a concept in civil law trust. Instead, the argument for the registration of trust contract can achieve the exclusion of third parties or personal creditors of the trustee to satisfy their debts through trust properties. This is referred to as a concept-substitution rather than just a concept. The ownership concept for a dual patrimony concept aims to ensure that beneficiary could assert a claim over the trust property. The trust registration triggers the same function to exclude third parties by granting beneficiaries the right to claim (clawback) those trust properties held by bankruptcy administrator.

History

Citation

Trusts & Trustees (2015) 21 (8): 889-901.

Author affiliation

/Organisation/COLLEGE OF SOCIAL SCIENCES, ARTS AND HUMANITIES/School of Law

Version

  • VoR (Version of Record)

Published in

Trusts & Trustees (2015) 21 (8): 889-901.

Publisher

Oxford University Press (OUP)

issn

1363-1780

eissn

1752-2110

Copyright date

2015

Publisher version

https://academic.oup.com/tandt/article-lookup/doi/10.1093/tandt/ttv116

Notes

No version may be redistributed.

Language

en

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