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Sender:
Allan Axelrod
Date:
Mon, 2 Apr 2001 12:55:24 -0400
Re:
Just when you thought it was safe to go back to the list

 

following on an exchange with eoin o'dell, i think it worthwhile to call the group's attention to two rules that work against reformation [rectification] and perhaps ought to inhibit easy constructive trust remediation of gratuitous transfer mistakes

a. [already mentioned] the statute of frauds

b 'equity will not aid a volunteer'

those rules express a hard-boiled social policy which certainly is not now in vogue, and alien particularly to warm-hearted believers in restitution, to wit:

if the proper forms are not observed, and no paid-for expectations at stake, there is not much social interest in moving the windfall back to the person lucky to have been intended as a beneficiary and away from the even luckier person with no entitlement whatsoever except the words of the instrument.

the same hard-boiled attitude found expression in a rule which has been overturned at least in sunny california: it used to be that the disappointed beneficiary of a bequest defeated by a scrivener's negligence had no cause of action against the scrivener.


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