Levy, Ian and Levy, Cecelia v Atherton, Julie et al

Case Number: 
2017CD 00237
Neutral Citation: 
[2018] JMCC Comm 34
Date of Delivery: 
23.05.2018

Contract - Dispute as to nature and validity of contract - Contract referring to loan/eqity - Whether monies advanced was for a loan or an equity investment - Whether the written contract was so ambigious as to call into question the contra proferentem rule - Whether contract in breach of the Moneylending Act.

Contract - Sums paid under an earlier agreement - Later agreement superseding the earlier agreement by incorporating its terms - Whether consideration past.

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