Interpretation of Contracts

Inbunden, Engelska, 2018

AvCatherine Mitchell

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This book is a second edition of Interpretation of Contracts (2007). The original work examined various issues surrounding the question of how contracts should be interpreted by courts, in particular focusing on the law of contract interpretation following Lord Hoffmann’s exposition of the principles of contextual interpretation in Investors Compensation Scheme Ltd v West Bromwich Building Society [1998] 1 WLR 896. As with the original, this new edition provides an overview of the subject, concentrating on elements of controversy and disagreement, rather than a detailed analysis of all the contract law rules and doctrines that might be regarded as interpretative in one sense or another. The book will be concerned with interpretation of contracts generally (following the rule that there are not different rules of interpretation for different kinds of contracts), but with reference to commercial contracts in particular, since this is the area in which the contextual interpretative approach was developed, and where it has most relevance. The overall aim of the second edition remains the same as the first – to produce an accessible and readable guide to contract interpretation for law students, scholars and practitioners.

Produktinformation

Utgivningsdatum2018-08-15
Mått156 x 234 x 13 mm
Vikt360 g
FormatInbunden
SpråkEngelska
Antal sidor194
Upplaga2
FörlagTaylor & Francis Ltd
ISBN9781138789722

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Table of ContentsTable of casesPreface to first editionPreface to second edition Chapter 1 The Nature of Contract InterpretationIntroductionWhat is interpretation?A general theory of interpretation?Interpretation and meaningContext and interpretationWhat is a contract?Interpretation and contractual powerThe range of interpretation problemsWhy do contractual interpretation disputes exist?Foundations of contract interpretationConclusionChapter 2 The Rise (and Fall?) of Contextual InterpretationLiteralism and rules in contracts interpretationThe contextualist shiftLord Hoffmann’s restatementImplications of Lord Hoffmann’s contextualismThe meaning communicated to a reasonable personNo need for ambiguity before examining the backgroundMistakes can be corrected by contextual interpretationThe role of business common sense Contextualism subsumes literalismContextual interpretation subsumes doctrineContextual interpretation in contextAccessing the ‘real’ agreementInterdisciplinarity in lawConclusionChapter 3 Divisions and Disputes in Contract InterpretationRetreating from contextualismArnold v Britton The role of ambiguityWhat the words say/what the language communicatesIdentifying the relevant contextCommercial reasonableness after Arnold v BrittonReasonable person or pedantic lawyer?The limitations on the contract backgroundCommon intentions of the partiesAdmissibility of prior negotiationsSubjectivityCostsHelpfulness, relevance and the legal frameworkShould the rule be reformed?Subsequent conductThe retreat from contextualism in contextContract complexityMaintaining competitive edgeWaning European influenceConclusionChapter 4 The Scope of Contract InterpretationInterpretation or something else?Interpretation and implied termsA-G of Belize v Belize TelecomConnections and disconnections between interpretationand implicationWhat turns on the division between implication andinterpretation?Interpretation and constructionInterpretation and rectificationConclusionChapter 5 Formalism and Contract InterpretationIndications of formalism in English contract lawForm and interpretationThe rise of neo-formalismNeo-formalism: empirical, theoretical or pragmatic?Empirically defended formalismTheoretically defended formalismPragmatically defended formalismThe preference for formalism and textualismThe costs of contextualismJudicial errorFlexible norms vs legal normsThe existence of contextual materialsConclusionChapter 6 Controlling Contract InterpretationGeneral considerationsCourts, not the parties, interpret contractsThe limits of formalismChoosing between formalist or contextualist contractingstrategiesFormalist interpretation of contractual standardsContracting for textualismEntire agreement clauses (EACs)Should an EAC influence interpretation?Resurrecting the parol evidence ruleIdentifying and interpreting obligationsEvading the EACThe impossibility of dispensing with contextConclusionBibliographyIndex