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The Court of Chancery, London, England, early nineteenth centuryEquity is a body of rules that developed in England separately from the “common law”. The Lord Chancellor on the other hand, because the King’s keeper of conscience, might overrule the judge-made law if he thought it equitable to do so. Whereas neither the common law nor civil law methods enable people to separate Law News the ownership from the control of 1 piece of property, equity allows this by way of an arrangement often identified as a trust. Trustees management …