Cy-pres meaning

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August undefined, 2024

WebCy-près. definition. Cy-près means “as near as possible ”. When a charitable purpose cannot be carried out, the Charity Commission can direct under a scheme that the funds should be used for other similar charitable purposes. Cy-près is old French and means „as close as possible “. In the legal context it has been used in English ... WebCy Pres Definition. A rule that allows the exact provisions of a charitable trust or a will to be carried out as closely as possible when carrying out the exact provisions is impossible or …

Modification of Charitable Trusts—The Cy Pres Doctrine

WebThe cy pres doctrine (from the French term cy pres comme possible meaning as near as possible) is a court-approved method for distributing a damage fund when the original purpose cannot be achieved. This common law doctrine was developed in the trusts and estates context as a means to distribute funds from a charitable trust or probated estate ... WebApr 12, 2024 · Commissioner of Public Lands Hilary Franz signed today a partnership agreement with Nova Scotia-based Sustainable Blue, a zero discharge, land-based salmon farming company, to identify opportunities for siting sustainable finfish aquaculture in Washington State. “I’m excited to bring this partnership to Washington,” said … chamber of commerce mt. vernon illinois

Cy pres - Definition, Meaning & Synonyms Vocabulary.com

Webcy pres doctrine. n. (see-pray doctrine) from French, meaning "as close as possible." When a gift is made by will or trust (usually for charitable or educational purposes), and the … WebMay 7, 2024 · The legal doctrine of cy pres is a French term meaning "as close as possible." Having roots in trust law, the doctrine allows for a gift in circumstances where … WebMar 20, 2024 · that this cy pres-only settlement was “fair, reasonable, and adequate” within the meaning of Rule 23(e). The objectors further argue that the Ninth Circuit’s decision conflicts with decisions of other federal courts of appeals regarding the permissibility of cy pres settlements, though the class representatives and chamber of commerce mystic ct

Court Awards & Cy Pres North Carolina IOLTA

WebJun 16, 2024 · A cy pres award is the distribution of money from a class action settlement to a charitable organization. When Would a Cy Pres Award Be Given? When a class action … Webnoun The cy-pres doctrine. Webster's New World The doctrine that permits the terms of a charitable trust to be modified to achieve a purpose close to the donor's original intent … happy pills 1 hour nightcoreWebnoun. ˌsī-ˈprā ˌsē-. : a rule providing for the interpretation of instruments in equity as nearly as possible in conformity to the intention of the testator when literal construction is illegal, impracticable, or impossible. called also cy pres doctrine. chamber of commerce my benefits

"WebThe cy-près doctrine ( / ˌsiːˈpreɪ / SEE-PRAY; Law French, lit. 'so close', modern French: si près or aussi près) is a legal doctrine which allows a court to amend a legal document … " - Cy-pres meaning

Cy-pres meaning

WebThe name of a rule employed in the construction of such instruments as trusts and wills, by which the intention of the person who executes the instrument is effectuated as nearly as …

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WebCy pres is a legal doctrine that means "as near as possible.” When a person creates a charitable trust, the express charitable purpose of the trust may become impossible to fulfill. WebMar 3, 2024 · cy pres in American English. (ˈsi ˈprei) Law. adverb. 1. as near as possible. noun. 2. the doctrine, applied esp. to cases of charitable trusts or donations, that, in place of an impossible or illegal condition, limitation, or object, allows the …

WebNov 1, 2024 · In general, unused funds allocated to incentive awards should be distributed to the class pro rata or awarded to cy pres recipients. 8) CY PRES AWARDEES—If the settlement contemplates a cy pres award, the parties should identify their chosen cy pres recipients, if any, and how those recipients are related to the subject matter of the lawsuit ... WebA cy-près power is often expressly included in a gift by will so that if the original charity no longer exists by the time the testator dies, the power can be used to make the …

WebTerms: Cy pres: To apply the trust funds in a manner “as nearly like” as possible to the settlor’s original charitable purpose. Given the perpetual nature of charitable trusts, occasionally the trust outlives or outgrows the particular charitable purpose for which it was created. In those instances, the court will step in to modify the ... WebDefinition:Cy pres is a legal doctrine that means "as near as possible." When someone creates a charitable trust, the intended charitable purpose of the trust may become impossible to fulfill. Instead of ending the trust, the courts may change the purpose of the charitable trust to allow it to continue, while keeping it as close to the original intention of …

WebThe term cy pres comes from the French, "cy pres comme possible," meaning "as near as possible,” and the doctrine is often applied in class action cases in which full restitution to all injured parties is either impossible or infeasible, such as when the amount of damage per person is insignificant even though the aggregate damages are large.

WebCy pres under federal law: Although there is no specific federal statute requiring cy pres awards to legal services organizations, LAAW is an appropriate cy pres beneficiary in many federal class action cases, including any case involving employment law. Indeed, over the past 10 years, LAAW has been found to be an appropriate cy pres beneficiary in class … happy pills by weathers lyricsWebApr 11, 2024 · Where traditional trees can snap and give way under strong winds, palm trees can survive these challenges due to their bendy structure. The date palm, one … chamber of commerce mount juliet tnWebApr 11, 2024 · Where traditional trees can snap and give way under strong winds, palm trees can survive these challenges due to their bendy structure. The date palm, one of the most popular Arecaceae, dates back to as early as 4000 BCE. 2 Apart from establishing the palm tree’s ancient roots, this also strengthens the claims of the tree being used as a … happy pills candy bridalWebnoun. the doctrine, applied especially to cases of charitable trusts or donations, that, in place of an impossible or illegal condition, limitation, or object, allows the nearest … happy pills 10 hoursWebcy· press ˈsī-prəs 1 a (1) : any of a genus (Cupressus of the family Cupressaceae, the cypress family) of evergreen trees and shrubs with small overlapping leaves resembling … happy pills candy amazonWebor cy•pres. (ˈsi ˈpreɪ) Law. adv. 1. as near as possible. n. 2. the doctrine, applied esp. to cases of charitable trusts or donations, that, in place of an impossible or illegal condition … chamber of commerce nairobiWebCy Pres definition: The doctrine that permits the terms of a charitable trust to be modified to achieve a purpose close to the donor's original intent where the original purpose cannot be legally or practically achieved. happy pills at walmart