English law
33
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14
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13
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Search complete. 33 mentions across 14 episodes found for "English law".
Oct 2, 2026
Garret HandyGUEST
Yeah.
Garret HandyGUEST
Well, if you, if you're not familiar with the Premier League or any of the listeners, I mean it-- this is, uh, top flight, y- you know, English football, as they call it.
Garret HandyGUEST
Um, and Man City has been a premier dominant team, uh, for a long time, right? Won a lot of titles, et cetera, et cetera.
Garret HandyGUEST
Uh, well, big news coming out this week in the UK, um, about really a, a scandal where they're funneling money, right? From...
Garret HandyGUEST
And so we'll see what happens.
Garret HandyGUEST
We're-- It's a story to really follow, I think, because...
Garret HandyGUEST
Uh, and I'm not gonna pretend to be an expert in English, um, courts and law, right? Uh, don't necessarily, don't call ourselves solicitors or barristers here, but, um-
Ben CriddleHOST
Sure
Bob SwanGUEST
Others claim the concept rose from fifth century German law or from the concepts developed under the Islamic law and are transported to England by the returning Crusaders.
Bob SwanGUEST
In any event, the concept of trusts were firmly cemented into the English law by statute in fifteen thirty-six.
Bob SwanGUEST
Pretty powerful stuff.
Bob SwanGUEST
Bill's gonna read to you the history of trusts.
William CooperHOST
Oh, yes.
William CooperHOST
Here's what the Internal Revenue says about trusts.
William CooperHOST
The English adopted trusts from Roman law as early as the twelfth century to prevent their property from many abuses under the crown.
William CooperHOST
For example, landowners were obligated to provide relief, money, or to help supplement the lord of the manor for numerous causes, such as the marriage of the lord's daughter or the knighting of the lord's son.
Katherine GrandjeanGUEST
And in many cases, couldn't write wills or enter into contracts because as married women, they really legally became fused essentially with their husband's legal identities under the civil law.
Katherine GrandjeanGUEST
However, the sort of bizarre flip side of coverture, which I learned in researching this book and had never really thought about very deeply, was that there was a sort of practice and attitude at the time, which William Blackstone, the kind of very famous English jurist, who wrote the commentaries on English common law that every attorney had on his shelf in these years and sort of used as a guide.
Katherine GrandjeanGUEST
Blackstone writes about the fact that coverture means women might not be culpable for crimes committed under their husband's direction or under men's direction.
Katherine GrandjeanGUEST
Blackstone posited that if there was no will involved, then there could be no guilt involved.
Michael SchererNARRATOR
He has affected to render the Military independent of and superior to the Civil power.
Michael SchererNARRATOR
He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his assent to their acts of pretended legislation: For Quartering large bodies of armed troops among us: For protecting them by a mock Trial from Punishment for any Murders which they should commit on the Inhabitants of these States: For cutting off our Trade with all parts of the world: For imposing Taxes on us without our Consent: For depriving us in many cases, of the benefits of Trial by Jury: For transporting us beyond Seas to be tried for pretended offences For abolishing the free System of English Laws in a neighbouring Province, establishing therein an Arbitrary government, and enlarging its Boundaries so as to render it at once an example and fit instrument for introducing the same absolute rule into these Colonies: For taking away our Charters, abolishing our most valuable Laws, and altering fundamentally the Forms of our Governments: For suspending our own Legislatures, and declaring themselves invested with power to legislate for us in all cases whatsoever.
Michael SchererNARRATOR
He has abdicated Government here, by declaring us out of his Protection and waging War against us.
Michael SchererNARRATOR
He has plundered our seas, ravaged our Coasts, burnt our towns, and destroyed the lives of our people.
Oliver AghaSOUNDBITE_SPEAKER
Some years later, business goes bad and the company realizes it can't honor its payment obligations.
Oliver AghaSOUNDBITE_SPEAKER
The company says, "Well, even though we had a Sharia approval, the structure is not Sharia-compliant." And the sukuk holders rush to court, English court, because most Islamic finance contracts are governed by English law, which is another story we will address in the conference.
Oliver AghaSOUNDBITE_SPEAKER
They get a judgment.
Oliver AghaSOUNDBITE_SPEAKER
They bring that judgment and enforce it or try to enforce it in an Islamic jurisdiction.
Lee BurgessHOST
Expectation damages equal the loss in value of the performance you were promised, plus any other loss caused by the breach, minus any cost you saved by not having to perform, minus any loss you avoided.
Lee BurgessHOST
Here it is in plain English.
Lee BurgessHOST
Start with what you were supposed to get and didn't, and the losses that rippled out from that breach.
Lee BurgessHOST
Subtract whatever you didn't have to spend because the deal fell through, and that number is your expectation damages.
Lee BurgessHOST
Notice the timing, at contracting, not at breach.
Lee BurgessHOST
The question is what the breaching party should have understand they were signing up for.
Lee BurgessHOST
Now, this rule comes from a case you will almost certainly read, Haley versus Baxendale, an English case from 1854.
Lee BurgessHOST
A mill's crankshaft broke, and the mill owners hired a carrier to take the broken shaft to the manufacturer as a pattern for a new one.
Bashar Al-NatoorPANELIST
And these are two different things, and they are at two different stages.
Bashar Al-NatoorPANELIST
If I'm talking about the first one, I think I'm not going to list them, listing destination, English law, definitely a very important thing for most of the schools that we rate.
Bashar Al-NatoorPANELIST
In US dollar, they actually have the English law in them, the way that is structured, the expertise, the powerhouses, the arrangers, et cetera, all on listing destination.
Bashar Al-NatoorPANELIST
But if you look at the driver for that dimension, it is... having investments that are really viable.
Bashar Al-NatoorPANELIST
So you have powerhouses, financial houses, legal houses, listing destination that are really rooted not only in the Islamic finance side but in general.
24 MINS LATER
Farmida BiMODERATOR
How do you think the UK can respond to that? Do you see those as mostly domestic markets and the UK carries on positioning itself as the global hub? Or do you think that there are strengths that the UK has which allows it to challenge the position of Dubai, for example, as a center for Islamic finance?
Ahsan AliPANELIST
Yeah, thank you.
Ahsan AliPANELIST
What I had said before, and I maintain that, is that for me, again, we'll have to distinguish between the major domestic Muslim majority markets, whether they're in the GCC or Southeast Asia, and the UK as the major international hub for the non-Muslim majority, among the international hubs, right? So in terms of the linkages, again, to go back and see, we talked about the English language and the English law and the political and economic ties, for example, between GCC, between Southeast Asia, between Turkey and the UK on the one hand, right? So UK is there and then you have all these Islamic Muslim majority markets and those are hubs of Islamic finance in their own sense, in the sense of domestic hubs.
James CowanGUEST
Can I make it perhaps what you might think of as a more realist observation? Domestic law is about statute.
James CowanGUEST
It's about customary law in the UK, in the English context, through common law.
James CowanGUEST
And it is built up over time.
James CowanGUEST
And it is enforceable.
Mark FrancisGUEST
I'm doing my work in Mandarin and Cantonese.
Mark FrancisGUEST
You're doing yours in English.
Mark FrancisGUEST
We could just go and set up our firm together and win a lot of these accounts, and we're doing it anyway ourselves.
Mark FrancisGUEST
And instead of seeing maybe 30% of that fee, you know, commission-
19 MINS LATER
Maxim AtanassovHOST
Uh-huh.
Mark FrancisGUEST
Even if there's this pushback out of the US.
Mark FrancisGUEST
So as Hong Kong, given its, um, got an English common law jurisdiction, and it's part of an international financial economy, a lot of people like to still have their companies in Hong Kong, and then the manufacturing is done in China, and then they're selling overseas, but it all comes out of the Hong Kong logistics hub.
Maxim AtanassovHOST
Uh-huh.
4 more episodes mention English law.
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