Supreme Court re-emphasises importance of “natural meaning” in interpreting contracts
In the case of Arnold v Britton & Ors [2015] UKSC 36, Gary Milner-Moore and Joanne Keillor of Herbert Smith Freehills LLP comment on the Supreme Court’s conclusion that, in interpreting a service charge provision in a number of long leases, arguments based on commercial common sense should not be used to undervalue the importance of the actual words used, and that the correct interpretation was one which applied the natural meaning of the term.
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