17 Jun 2010
NEW YORK LIFE INSURANCE WORLDWIDE LTD v. LIN MAN CHI ANDY
- Citation
- NEW YORK LIFE INSURANCE WORLDWIDE LTD v. LIN MAN CHI ANDY
- Court
- Court of Appeal
- Case number
- CACV56/2010
Clause 5.1 is properly construed to require repayment only where the Agent's Agreement is terminated for reasons which, in the Company's view, prevent the agent from discharging his duties; termination by reason of ill-health or disability (even if preventing performance) is explicitly excluded from repayment; because this construction is the natural and ordinary meaning, summary judgment was inappropriate.