The Law Reports (Appeal Cases)
[1962] AC 600
[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.