In Chartbrook Ltd v Persimmon Homes Ltd (2009), the court emphasised the primacy of commercial common sense in interpreting contractual agreements. The ruling highlighted the importance of rectifying evident mistakes to reflect true intentions.
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🏛️ Court: House of Lords 🗓️ Judgment Date: 1 July 2009 🗂️ Where Reported: [2009] UKHL 38; [2009] 1 A.C. 1101; [2009] 3 W.L.R. 267 📍 Jurisdiction: United Kingdom
⚖️ Legal Principles
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Rectification of Contracts: The court emphasised that contracts should reflect the parties' true intentions, allowing for rectification when clear errors are evident, thereby preventing unjust outcomes based on literal interpretations.