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Chase Securities Ltd v Gsh Finance Pty Ltd - [1989] 1 NZLR 481

$30.00

Privy Council Wellington
4, 5, 31 October 1988
Lord Keith of Kinkel, Lord Templeman, Lord Oliver of Aylmerton, Lord Goff of Chieveley and Lord Lowry
Contract — Construction — Escalation clause — Sale of shares in a public company — Whether phrase "$2.40" in escalation clause in contract for the sale of shares meant "$2.40 cum dividend" or "$2.40 ex dividend".

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