ICS

Question 1

when was investors compensation scheme v west bromwich

Answer 1

1997

Question 2

what did ics set out

Answer 2

New testament of contract interpretation, Set out a bunch of principles

Question 3

Principle One of ICS

Answer 3

• INTERPRETATION IS AN OBJECTIVE PROCESS, inherently contextual, adopt the reasonable person perspective

Question 4

Principle Two of ICS

Answer 4

background include everything which would have effected the way in which the language of the document would have been understood by a reasonable person
BACKGROUND IS ADMISSIBLE

Question 5

Principle Three of ICS

Answer 5

inadmissibility of prior negotiations for practical policy reasons

Question 6

Principle Four of ICS

Answer 6

WHATS THE meaning of the document, not just the words in context of the background

Question 7

Principle Five of ICS

Answer 7

to use plain meaning and commercial sense

Question 8

what was hinted at through ICS

Answer 8

that the judges need the right case in order to revise or get ride of rules surrounding PN, left things hanging

Question 9

how did the judges discuss SubC in ICS

Answer 9

it wasn’t discussed at all