What makes ‘commercial sense’?

07 April 2017

What makes ‘commercial sense’?

Will Thomas examines the recent High Court decision of Ecosse Property Holdings Pty Ltd v Gee Dee Nominees Pty Ltd [2017] HCA 12.

"The High Court has emphasised that commercial contracts need to be interpreted in a way that makes ‘commercial sense’. But its latest decision shows that reasonable minds may differ as to the most commercially-sensible interpretation of an agreement."

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