“How far can a legal instrument intended to have long-term effects control for the unknown future? This is a general problem for those acting in ‘the now’ with a view to regulating what happens to their property or personal obligations in the future. It is an issue which may arise across practically the whole range of legal instruments. It has implications for the interpretive and drafting techniques used in relation to statutes, contracts, wills and trust instruments, to name the most prominent cases …” (more)
Lord Sales, Justice of the Supreme Court, ‘Fraud on a Power: the interface between contract and equity’, Lecture for the Chancery Bar Association, Great Hall, Lincoln’s Inn, London, 2 April 2019.