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The Supreme Court has reaffirmed the approach to contractual interpretation

On 29th March 2017 the Supreme Court has reaffirmed the approach to contractual interpretation in Wood v. Capita Insurance Services Limited [2017] UKSC 24. In argument the Court had refused to hear the submission developed that the decision in Arnold v. Britton [2015] AC 1619 had altered the guidance in Rainy Sky SA v. Kookmin Bank [2011] 1 WLR 2900.

Lord Hodge, giving the judgment of the Court said, at [14]

“On the approach to contractual interpretation Rainy Sky and Arnold were saying the same thing.”

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