Durham E-Theses Quistdose trusts: theory and context Glister, James Alexander How to cite: Glister, James Alexander (2003) Quistdose trusts: theory and context, Durham theses, Durham University. Available at Durham E-Theses Online: http://etheses.dur.ac.uk/4092/ Use policy The full-text may be used and/or reproduced, and given to third parties in any format or medium, without prior permission or charge, for personal research or study, educational, or not-for-prot purposes provided that: • a full bibliographic reference is made to the original source • a link is made to the metadata record in Durham E-Theses • the full-text is not changed in any way The full-text must not be sold in any format or medium without the formal permission of the copyright holders. Please consult the full Durham E-Theses policy for further details. Academic Support Oce, Durham University, University Oce, Old Elvet, Durham DH1 3HP e-mail:
[email protected] Tel: +44 0191 334 6107 http://etheses.dur.ac.uk Quistclose Trusts: Theory and Context James Alexander Glister Department of Law University of Durham Master of Jurisprudence September 2003 A copyright of this thesis rests with the author. No quotation from it should be published without his prior written consent and information derived from it should be acknowledged. ] 9 JAN * © The copyright of this thesis rests with the author. No quotation from it should be published without their prior written consent and information derived from it should be acknowledged. ABSTRACT Commonly employed in corporate rescue situations, the Quistclose trust (from Barclays Bank Ltd v Quistclose Investments Ltd [1970] AC 567) is a device that enables an investor to advance funds to a troubled company to be used for a specific purpose.