WebMar 4, 2014 · 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 the recipient no longer exists, so ... 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 …

cy pres: Meaning and Definition of Infoplease

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 WebJun 2, 2015 · The phrase cy pres is translated to mean “as near as.” Although the cy pres doctrine originated in courts’ saving an otherwise defaulting charitable gift by determining the next best use of the gift, it has become a common tool used to distribute class action settlement funds. In the context of a class settlement, the general idea is that ... cs-force

Cypres legal definition of Cypres

Webcy· 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 … WebThe cy pres doctrine is a principle of law that courts use to save a charitable trust from failing when a charitable objective is originally or later becomes impossible or … WebCY PRES, construction. These are old French words, which signify "as near as." 2. In cases where a perpetuity is attempted in a will, the courts do not, if they can avoid it, construe the devise to be utterly void, but expound the will in such a manner as to carry the testator's intentions into effect, as far as the rules respecting perpetuities will allow; this is called … dz sweetheart\\u0027s