ALDRICH, DAY, CIVARDI AND BIGGS v NORWICH UNION LIFE INSURANCE CO LTD

[1999] Lloyd's Rep IR 276

CHANCERY DIVISION

Before Mr Justice Rimer

Guarantee Plans for Lloyd’s Name - Life insurance, mortgage and guarantee - Guarantor paying Name’s debt to Lloyd’s under guarantee - Whether Financial Services Act 1986, section 47 gave rise to action for damages - Whether a contract made following breach of section 47 was tainted by illegality and unenforceable - Whether Plan unconscionable.