Monday, December 16, 2013
interpreting outline format in a contract
Here's a good cautionary tale about understanding outlining and about proofreading carefully: the interpretation of a contract turned on whether "8(h)(i)" referred to a subsection of "8(h)" (the "i" as a romanette) or was meant to be "8(i)" (the "i" as a lower-case I).
The difference? A ruling worth $20 million. Read the article or the opinion for yourself!