Equitable Life Assurance Society v Hyman: HL 20 Jul 2000
The directors of the Society had calculated the final bonuses to be allocated to policyholders in a manner which was found to be contrary to the terms of the policy. The language of the article conferring the power to declare such bonuses contained no relevant express restriction on the power to do so. The critical … Continue reading Equitable Life Assurance Society v Hyman: HL 20 Jul 2000