Open AccessTrusts in the Setting of Business, Commerce, and Bankruptcy
Author(s) -
Donovan Waters
Publication year - 1983
Publication title -
alberta law review
Language(s) - English
Resource type - Journals
eISSN - 1925-8356
pISSN - 0002-4821
DOI - 10.29173/alr1776
Subject(s) - bankruptcy , business , law and economics , economics , finance
The trust has considerable potential as a business or commercial device. The author discusses the various ways in which the trust is presently being utilized, particularly in the bankruptcy setting. By examining afresh what the trust is, how it is created, and how it operates, we can better understand the significant developments which are expected in this area.