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University College London (UCL), Law Faculty Events

UCL CLP: Obligations in Commercial Contracts: A Matter of Law or Interpretation?

UCL Faculty of Laws Events

Thursday, February 2, 2012 at 6:00 PM (GMT)

London, United Kingdom

UCL CLP: Obligations in Commercial Contracts: A Matter...

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Event Details

CURRENT LEGAL PROBLEMS LECTURE SERIES 2011-12: 


Obligations in Commercial Contracts: A Matter of Law or Interpretation?

by
Professor Catherine Mitchell Hull Law School


on Thursday 2 February 2012, from 6-7pm


Venue:
UCL Law Faculty
Bentham House, Endsleigh Gardens
London WC1H 0EG

 

Accredited with 1 CPD hour by the
Solicitors Regulation Authority and the Bar Standards Board (Pending)

 

About this lecture:
English commercial contract law is undergoing its own ‘interpretative turn’. According to Lord Hoffmann, disputes concerning implied terms in contracts and the extent of the defendant’s liability for loss on breach are resolved by searching for the meaning of the parties’ agreement. The process is one of contextual interpretation of the contract (understood in a broad sense), rather than the external application of autonomous legal rules derived from authoritative precedents. On the one hand this agreement-centred approach can be regarded as the natural consequence of a definitive principle of contractual liability – obligations are assumed by the parties, rather than imposed on them on a priori grounds. On this basis, Lord Hoffmann is simply reasserting the facilitative character of commercial contract law. On the other hand this approach raises questions about the scope and limits of the legal regulation of commercial activity by courts. At its most extreme, the interpretative approach espoused by Lord Hoffmann admits of only an attenuated commitment to commercial contract law as a repository of non-instrumental normative values. Instead, commercial contract law is perceived only as a loose grouping of pragmatic considerations, given a superficial veneer of coherence by reference to a substantively empty concept such as the ‘reasonable expectations of the parties’. This lecture will trace the development of this interpretative turn and assess some of its possible implications, both for the operation of other rules of contract law and for our general understanding of the role of the law in regulating commercial activity.
 

About the speaker: 
Catherine has been teaching at Hull Law School since 1992. Her main teaching responsibilities are in Contract Law, Jurisprudence and Foundations of Commercial and Corporate Law. Her research interests lie primarily in the field of contract law. Previously published work includes a book, Interpretation of Contracts (Routledge Cavendish, 2007), as well as articles and short papers on exclusion clauses, third party rights, restitutionary damages and entire agreement clauses in contract. Recent work has included a paper examining the role of narratives in contract law, published in Legal Studies, and an article exploring the distinction between the ‘real’ and the ‘paper’ deal, published in the Oxford Journal of Legal Studies. She is currently working on a monograph, due to be published by Hart, exploring the connection between contract law and commercial practice.

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When & Where

Bentham House
Endsleigh Gardens
WC1H 0EG London
United Kingdom

Thursday, February 2, 2012 at 6:00 PM (GMT)


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Organizer

UCL Faculty of Laws Events

For almost 200 years, UCL Laws has been one of the leading centres of legal education in the world. Its established reputation for cutting-edge legal research places it at the heart of policy, practice and impact. 

The Faculty offers an unmatched educational environment, producing high quality graduates able to confidently face the evolving challenges of the global legal landscape. 

The Faculty boasts 63 leading academics engaged in teaching and research at the very highest level - actively contributing to law-making, jurisprudence and legal policy on an international scale. 

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