ST Alpha - "Duration in most of the agreement includes a "King Charles clause, which sets expiry 21years after death of last living descendent of King Charles -- (link*)" (Reading a Post)

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In response to "IANAL: It seems like that Disney thing would not stand up in court." by JaxSean

Duration in most of the agreement includes a "King Charles clause, which sets expiry 21years after death of last living descendent of King Charles -- (link*)

Posted by budice Mar 29 '23, 14:45

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https://twitter.com/Blog_Mickey/status/1641180514353594374 (twitter.com)

Responses:

(it's the rule against perpetuities and has been a standard clause in contracts and estate plans for centuries) - hollywood big shot Mar 29, 14:48 7
- a grandparent had such an estate, had to dissolve it when some aunt died. we got a yearly check for a couple hundred. blew the settlement on car. - zeitgeist Mar 29, 15:03
- Just seems so unamerican -- nm - Beryllium Mar 29, 14:52
- King Ralph was secretly a contract law thriller. -- nm - Reagen Mar 29, 14:51
- Except for David's comment - looks like the agreement expires "21 years after the death of the last survivor of the descendants of King Charles III" -- nm - JaxSean Mar 29, 14:50 3
  - his is just the life in being they're using to ascertain the time period. it could be anyone with heirs -- (link) - hollywood big shot Mar 29, 14:56 2
    - Nick Cannon! -- nm - Beryllium Mar 29, 15:01 1
      - L5 -- nm - JaxSean Mar 29, 15:03
"Until the castle rises above the clouds" -- nm - Reagen Mar 29, 14:48
But why tho -- nm - Beryllium Mar 29, 14:47

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