Is my commercial contract fit for purpose lessons from teva v astrazeneca

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IS MY COMMERCIAL CONTRACT FIT FOR PURPOSE? LESSONS FROM TEVA V ASTRAZENECA

Over the last few years English courts have shifted back to construing commercial contracts in a strict, literal way. This approach departs from the more business-minded, common sense approach that judges here had adopted previously. It is therefore now more important than ever to make sure that you double and even triple check those commercial agreements before you sign on the dotted line. A recent case shows why paying attention to the fine detail of your contract really does matter. We discuss this case, Teva v AstraZeneca [2017] EWCA Civ 2135, below.


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