The Weekly Law Reports
[1961] 3 WLR 1169
[COURT OF APPEAL.]
In re
LANGLEY'S SETTLEMENT TRUSTS.
LLOYDS BANK LTD.
v.
LANGLEY.
[1960 L. No. 437.]
1961 Oct. 3,
4,
5.
Lord Evershed M.R., Donovan and Danckwerts L.JJ.
Conflict of Laws
— Settlement
— Capacity to exercise power
— Power of withdrawal by settlor
— Power contained in English settlement
— Order of foreign court appointing guardian of settlor
— Settlor of sound mind in English law
— Exercise of power by settlor
— Whether appointment of foreign guardian to be disregarded
— Whether “penal”
— Whether exercise of power effective.
Conflict of Laws
— Confiscatory or political legislation
— Status
— Penal consequences
— Settlement governed by English law
— Power of withdrawal by settlor
— Incapacity by law of domicile
— Whether penal.
Settlement
— Power of withdrawal by settlor
— Exercise
— Whether power can be exercised by another as attorney
— Joint exercise by settlor and another.