This article analyses the law of rectification for common mistake in the light of the decision of the Court of Appeal in FSHC Group Holdings Ltd v GLAS Trust Corp Ltd. It suggests that the court in FSHC was correct to prefer a subjective test for common continuing intention over the objective test that had been preferred by Lord Hoffmann in Chartbrook Ltd v Persimmon Homes Ltd in what is labelled the “no antecedent contract” situation. The article also considers the significance of the requirement of an “outward expression of accord” as a discrete element of an action for rectification and what this might mean in practical terms.
|Journal||Journal of Business Law|
|Publication status||Published - 28 May 2020|