In October of last year, my former colleague, Michael Zitelli, and I published an update to our Reed Smith white paper entitled A Guide to Contract Interpretation. The guide includes a brief introduction on our philosophy regarding contract interpretation, a flow chart that illustrates the typical contract-interpretation process, and an outline of excerpts from recent opinions rendered by New York and Delaware courts (which form the basis for the contract-interpretation principles that we set forth in the guide).

The guide has been well received, and I'm happy to announce that I've published an updated version. You can obtain a copy by clicking on the following link:

A Guide to Contract Interpretation

The updated features of the guide include the following:

  • the analysis takes into account New York and Delaware court opinions from July 2013 to early July 2014;
  • added depth to certain sections to provide a more nuanced treatment of how courts approach interpretive issues; and
  • new sections discussing both interpretive issues and certain types of contracts and contractual provisions that merit special attention.

Additionally, I would like to thank Mike for his contribution in co-authoring prior versions of the guide, as well as Jordan M. Hook, Thomas James, and Aaron Spurlock for their assistance in preparing the current and prior versions of this guide.

This article is presented for informational purposes only and is not intended to constitute legal advice.