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Commercial litigation - contractual interpretation - common sense must prevail
08 December 2011
In an unanimous decision of the Supreme Court, it has been found that when one is interpreting a provision of a commercial contract, which may have more than one meaning, the meaning that is consistent with commercial common sense must prevail.
Rainy Sky S.A. and others v Kookmin Bank [2011] UKSC 50
Should you wish to discuss any element of commercial litigation, please do call our Litigation Team for a free exploratory discussion.
Andrew Petchey, Partner, Litigation Team, Howell Jones solicitors
