Say what you mean
13 September 2012
The courts are taking a more commercial approach to resolving disputes over what a contract actually means. Alan Ma explains the importance of clearly defining both parties' intentions
The recent decision in Baird Textile Holdings v Marks and Spencer (see Law, 19 July) provides a timely reminder for buyers and suppliers to ensure that contract terms are recorded in writing at the outset of a business relationship. However, even if a written contract is in place, there could be arguments about what the words in it actually mean. Buyers and sellers...