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interpretationindemnitycontracts
Wood v Capita Insurance Services
[2017] UKSC 24, [2017] AC 1173
Key Principle
Contractual interpretation is a unitary, iterative exercise in which textualism and contextualism are not conflicting paradigms but complementary tools; the court ascertains the objective meaning of the language, checked against the contract as a whole, its commercial purpose and the factual matrix, with the weight given to each varying with the quality and formality of the drafting.
Area of Law
General
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