1 Aug 2005
TROTTER V AVONMORE HOLDINGS LTD CA CA162/04
- Citation
- openlaw-1ebc84a4_9869_4fdf_9282_e579bcd90449.pdf
- Court
- Court of Appeal
On objective construction of the licence agreement and the documentary evidence the signatures of Trotter and Webb were in their capacities as directors of ACP only; initials do not convert a director's signature into a personal shareholder guarantee; subjective intent not communicated to the licensor is inadmissible to vary the clear documentary allocation of capacity, therefore neither Trotter nor Webb are personally liable under clause 38.