The resolution of the dispute hinged on the definition of the term profits and how…
Notably, Lord Wilberforce explained that:…
“The time has long passed when agreements, even those under seal, were isolated from the matrix of facts in which they were set and interpreted purely on internal linguistic considerations… [Courts must] inquire beyond the language and see what the circumstances were with reference to which the words were used, and the object, appearing from those circumstances, which the person using them had in view…[E]vidence of mutually known facts may be admitted to identify the meaning of a descriptive term.”(180)…
The case cemented the English judiciary’s approach of departure from the previously…
