Latham & Watkins LLP (LexBlog Belize)
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Supreme Court Clarifies Test for Implied Terms
By Jonathan Hew The Supreme Court has clarified that, for a term to be implied into an agreement, it must be either necessary for business efficacy or so obvious that it goes without saying. This is a significant judgment for commercial practitioners and for those drafting or dealing with contracts generally. Under English law, a...
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