The Law Reports (Chancery Division)
[1962] Ch 541
[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.