Previously, I've pointed out movies that are ERISA-centric, with my favorite example being Wall Street (a pension-overfunding movie*). See also a follow-on post (focusing on Casino). Well, I am now pushed to venture out into the non-ERISA world, as my friend Phil S. has pointed out to me that Body Heat** is a movie that is about . . . are you ready? . . . the Rule Against Perpetuities!!!!*** It turns out that the estate-planning mistake in the movie centered on the Rule. Wow.
In terms of my own fascination with the Rule, when I was in law school my T&E professor cited us to the case of Lucas v. Hamm (thanks to Jed B. for knowing the long-forgotten citation), which in effect stands for the proposition that, since negligence is a standard that harkens back to what the reasonably prudent person might do, and that in turn arguably looks to how the general populace (or maybe a subset thereof) acts, mistakes relating to the Rule Against Perpetuities don't rise to the level of legal malpractice because: NO ONE understands the Rule Against Perpetuities! Hilarious - absolutely hilarious.
Sorry for the non-ERISA distraction here, but this is just too good to pass up.
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