Contractual interpretation: let commercial common sense prevail | Practical Law
In a decision that will have broad application for the interpretation of commercial contracts, the Supreme Court has unanimously held that where the court is asked to construe a provision in a contract that can have more than one possible meaning, the meaning which is consistent with commercial common sense is to be preferred (Rainy Sky S.A. and others v Kookmin Bank [2011] UKSC 50).