Commercial Law
Jun. 3, 2003
Understanding of History of Contract Interpretation Can Benefit Attorneys
Focus Column - Business Law - By Daniel Lee Jacobson - "A page of history is worth a volume of logic." New York Trust Co. v. Eisner , 256 U.S. 345 (1921). With these words, Justice Oliver Wendell Holmes explained why some rules of law do not seem to comport to the dictates of logic. Contract interpretation is an area where history seems sometimes to have trumped logic. Yet whether brought to us by the pages of history or by the dictates of logic, the contract interpretation rules are vital.
Focus Column
Business Law
By Daniel Lee Jacobson
&...
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