Written in a fresh and lively style and supported by a strong analytical framework, the sixth edition of Pearce & Stevens' Trusts and Equitable Obligations continues to provide students with a relevant and exciting examination of a subject that can seem remote and difficult. Revised diagrams and flow charts help to explain difficult topics such as the operation of the pari passu, first in, first out, and rolling charge methods of allocating funds between contributors and the circumstances in which strangers can be held personally liable as dishonest accessories to or knowing recipients of trust property in breach of trust. The authors take a modern and conceptual approach to the wide array of topics covered in undergraduate equity and trusts modules, helping students explore the many ways trusts impact on everyday life and in the world of finance and commerce. The text is accessible without compromising detailed critical comment, and engages with key issues such as the protection of privacy, enforcing informal promises, trusts and the family home, and assessing public interest in charities. Extensive rewriting has enabled the incorporation of substantial new material without an increase in the overall length of the book. There is an extended and improved index which makes locating relevant discussion of key issues much easier than in previous editions. Online Resource Centre The text is accompanied by an Online Resource Centre containing updates and a glossary of terms for students. For lecturers the site provides a test bank of multiple choice questions and PowerPoint slides to use in teaching.
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Robert Pearce is Professor in Law at the University of Buckingham, Visiting Professor at the University of Gloucestershire and Emeritus Professor of the University of Wales Trinity Saint David. He was formerly Vice-Chancellor of the University of Wales, Lampeter and has held academic appointments at the University of Newcastle upon Tyne, the University of Lancaster, University College Cork, and the University of Western Ontario. Warren Barr is Professor of Law and Academic Lead for Student Experience (Faculty of Humanities and Social Sciences) at the University of Liverpool; Principal Fellow of the Higher Education Academy; and was named Law Teacher of the Year 2006. He is also a current member, and ex-Director, of the Charity Law and Policy Unit, University of Liverpool.
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