Continue reading "Contract: I can see clearly now… interpreting contracts post-Rainy Sky"
Contract: I can see clearly now… interpreting contracts post-Rainy Sky
Clare Arthurs and Sebastian Kokelaar assess the implications of a recent decision in the Supreme Court The bank’s interpretation was, arguably, commercially implausible, whereas on the claimants’ interpretation the whole of para 2 could be said to be redundant.In Rainy Sky SA v Kookmin Bank [2011] the Supreme Court revisited the principles governing the construction …