i-law

Litigation Letter

Applying commercial common sense

Rainy Sky SA & Ors v Kookmin Bank [2010] EWCA Civ 582, 27 May 2011

The ultimate aim of interpreting a provision in a contract, especially a commercial contract, was to determine what the parties had meant by the language used, which involved ascertaining what a reasonable person would have understood the parties to have meant.

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