ROYAL INSURANCE COMPANY LTD. v. G. & S. ASSURED INVESTMENT COMPANY LTD. AND GROWTH AND SECURED LIFE ASSURANCE SOCIETY LTD.

[1972] 1 Lloyd's Rep. 267

CHANCERY DIVISION

Before Mr. Justice Whitford

Contract - "Unit trust life assurance policy" scheme - Agreement by investment company solely to market policies underwritten by insurance company - Policies to be linked to unit trust - Investment company marketing policies linked to internal fund managed by another insurance company - Whether breach of contract. Contract - Construction - Effect of recitals - Contra proferentem rule. Practice - Injunction - Whether undertaking sufficient.