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Express Contract Terms United Kingdom

BCLP

Drafters beware! Court of Appeal on the significance of express terms

BCLP on

Every so often the Court will reaffirm the primacy of express terms while re-stating the rule that implied terms can only be relied on to the extent they are (i) so obvious as to go without saying, or (ii) necessary to give...more

A&O Shearman

Driving a reasonable bargain: exclusion of statutorily implied term upheld

A&O Shearman on

The High Court has held that a provision in a hire purchase agreement excluding all terms implied by law was effective to exclude a statutorily implied term of satisfactory quality. It was also reasonable under the Unfair...more

Cooley LLP

Implied terms: Commercial Court defers to arbitral tribunal

Cooley LLP on

In Pan Ocean Co Ltd v Daelim Corporation[1], the Commercial Court upheld the implication of a term requiring the inspection of a vessel’s holds without delay into a charterparty (a contract for the hire of a ship). The Court...more

Morrison & Foerster LLP

Managing Sanctions Risks Through Express Contract Provisions

The Singapore High Court recently ruled that a party to a Singapore law-governed contract was justified in relying on a sanctions clause in the contract to refuse payment to the counterparty in an effort to avoid breaching...more

A&O Shearman

A harsh outcome does not an implied term make

A&O Shearman on

The sanctity of the parties’ agreement is preserved as the UK Supreme Court adopts a cautious approach to implied terms. It reiterates that no term may be implied into an agreement where the implied term contradicts its...more

Dechert LLP

UK High Court reiterates principles for implied contractual terms

Dechert LLP on

A recent High Court case relating to a trade mark licensing and merchandising agreement offers a timely reminder of the principles a Court will consider when determining whether a term should be implied into a commercial...more

A&O Shearman

Box, box, box: implied term causes Force India to pit

A&O Shearman on

In Force India Formula One Team, the High Court held that a term which required Force India to own the Formula One team throughout a merchandising licence’s five year term should be implied since it was both obvious from the...more

A&O Shearman

Substantive inconsistency between express and implied terms

A&O Shearman on

The Court of Appeal has considered the question of when a proposed implied term should be considered “inconsistent” with an express term of a contract, contrasting direct linguistic inconsistency and substantive...more

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