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Value, Property, and Unjust Enrichment: Trusts of Traceable Proceeds

Penner, JE Value, Property, and Unjust Enrichment: Trusts of Traceable Proceeds. In: (Proceedings) The Philosophical Foundations of Unjust Enrichment.

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Abstract

Restitution lawyers commonly speak of the 'transfer' of value; this is misconceived. Values are realised, not transferred, only property rights are transferred. This realisation distinctly illuminates the relationship between the law of restitution and the law of tracing, strongly suggesting that trusts of traceable proceeds are not examples of restitutionary entitlements which reverse unjust enrichments.

Type:Proceedings paper
Title:Value, Property, and Unjust Enrichment: Trusts of Traceable Proceeds
Event:The Philosophical Foundations of Unjust Enrichment
Location:King's College, London, UK
Dates:2008-04-11 - 2008-04-12
Keywords:restitution, unjust enrichment, tracing, trusts, philosophy of law
UCL classification:UCL > School of Arts and Social Sciences > Faculty of Laws

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