The Moment “Reasonable Endeavours” Met a Shock to the Entire Market
The Woodside case clarifies the meaning of “reasonable endeavours” in commercial contracts. The High Court held that a party may consider its commercial, economic and operational interests when deciding whether it is able to supply under changed conditions.
Clarity Without Guesswork: What Mount Bruce Mining v Wright Prospecting Teaches Every Australian About Contracts
A decades-old mining agreement triggered a $130 million dispute because key phrases were read differently years later. The High Court restored commercial common sense: contracts mean what reasonable businesspeople would understand in their proper context. This case shows how clarity of structure protects everyone — and how ambiguity grows costly when decisions rely on a single interpretation.