Genuine Discretion vs Absolute Contractual rights – 4 KBW

Posted December 11th, 2017 in contracts, interpretation, news by sally

‘Business contracts have become the language and form of commercial transactions. Their ubiquity is only surpassed by their functionality. They are useful for establishing one parties rights and obligations towards others as well as available remedies and dispute resolution mechanisms. Contracts can also confer powers upon a party to decide on issues that affect another party.’

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4 KBW, 5th December 2017