The Weekly Law Reports
[1962] 2 WLR 439
[HOUSE OF LORDS.]
BRIDGE APPELLANT; AND CAMPBELL DISCOUNT CO. LTD. RESPONDENTS.
[ON APPEAL FROM CAMPBELL DISCOUNT CO. LTD. v. BRIDGE.]
1961 Nov. 22,
23,
27,
28.
1962 Jan. 25.
VISCOUNT SIMONDS LORD MORTON OF HENRYTON, LORD RADCLIFFE, LORD DENNING and LORD DEVLIN.
Contract
— Penalty
— Hire-purchase agreement
— Sum payable for right to terminate
— Whether penalty
— Whether principle of equity applicable.