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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
Morris James Blogs
Court Of Chancery Explains Contract Interpretation
Posted In Breach of ContractVeloric v J. G. Wentworth Inc., C.A. 9051-CB (September 18, 2014) In what may be one of the most factually complicated cases in years, this decision is a good example of the Court of Chancery's method of interpreting a contract to make it make sense from a business point of view. It takes a certain clarity of mind to wade through the verbose contract language and surrounding facts and the Court pulls it off very well. The lesson is that technical legal arguments are just not as persuasive as a common sense approach that fits the business reality of the parties.