Correction of mistake in deed | Practical Law
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The High Court has corrected a mistake in a trust deed which, together with a strict interpretation of the deed as a whole, prevented enhanced capital notes being redeemed early, despite the expense of this result for the issuer.
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Correction of mistake in deed
Practical Law UK Articles 3-617-4926
(Approx. 3 pages)
Correction of mistake in deed
by Freshfields Bruckhaus Deringer LLP
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Published on 23 Jul 2015
•
United Kingdom
The High Court has corrected a mistake in a trust deed which, together with a strict interpretation of the deed as a whole, prevented enhanced capital notes being redeemed early, despite the expense of this result for the issuer.